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.

For the relaunch, ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@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 Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%