Unilabs gets €685m debut away after pulling it in June

Unilabs, the Geneva-based laboratories business, succeeded in selling its €685m debut high-yield bond on Wednesday in an intraday execution, nearly a month after pulling the deal amid unfavourable markets.

  • By Stefanie Linhardt
  • 11 Jul 2013

Bookrunners JP Morgan (billing and delivering), Lloyds, Nordea and SEB sold €355m of five year senior secured bonds with an 8.5% coupon at 98.025, to yield 9%. 

The floating rate senior secured tranche, of €130m, was priced at a coupon of 725bp over Euribor at 99.

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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%