Dell’s euro debt awaits commitments

Dell, the US computer maker, expects to receive final commitments to its $6.175bn-equivalent covenant-lite loans on Monday. The debt, which includes a chunky euro tranche, will back the company’s buy-out by founder and CEO Michael Dell and private equity firm Silver Lake Partners.

  • By Olivier Holmey
  • 23 Sep 2013
The euro tranche, a €500m term loan ‘E’, was added to the loans package only last week. It will be used to partially replace the scrapped $1.25bn eight year second lien secured notes. Additional loans may be issued to cover the rest of the cancelled debt, a banker ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%