BSN Medical's refi to close in the best of health

BSN Medical, the German bandage maker, expects to complete the refinancing of its euro and dollar term loan 'Bs' by Friday, after receiving final commitments from investors on Wednesday. The margins were reverse flexed for a second time — by a further 25bp — on Tuesday.

  • By Olivier Holmey
  • 22 Aug 2013
According to the leads, BSN Medical is a favourite German credit among investors and also appealed to those investment funds which wanted portfolio diversification. For a solid German healthcare business, the expected leverage of 3.9 times on senior debt and 6.2 times in total is also viewed as ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%