BCA prices its debt package to back refi and buy-out

British Car Auctions, the UK used car retailer, has set the margins and fees on its latest loan package after a bank meeting with lenders on Tuesday.

  • By Olivier Holmey
  • 04 Jul 2013


The new debt, priced between 425bp and 475bp over Libor, will back BCA’s acquisition of Manchester-based car valuation and sales website webuyanycar.com. It will also partially refinance the company’s outstanding credit facilities.

The structure will comprise £345m of senior facilities, £180m of which will be new money. It ...

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Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

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Rank Lead Manager Amount $m No of issues Share %
  • Last updated
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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%