Scout24 trims €50m off loan after sale of Swiss websites

Scout24, the German online directories and listings company, has reduced the size of its €645m term loan ‘B’ by €50m, after selling its Swiss business to e-commerce firm Ringier Digital.

  • By Olivier Holmey
  • 30 Jan 2014

Ringier is now the sole shareholder in online marketplaces AutoScout24, MotoScout24 and ImmoScout24, it announced in a statement on January 24.

Scout24 had pre-agreed to cut the debt issuance if the sale went ahead. By reducing the size of its term loan, Scout24 is able to maintain its ...

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.

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,951.43 72 7.21%
2 BNP Paribas 15,800.30 101 6.35%
3 Goldman Sachs 14,057.92 58 5.65%
4 HSBC 13,442.80 86 5.40%
5 Deutsche Bank 12,920.94 75 5.19%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 5,988.32 51 7.60%
2 Goldman Sachs 5,851.83 48 7.43%
3 Deutsche Bank 5,236.76 54 6.65%
4 Credit Suisse 4,633.16 52 5.88%
5 Citi 4,412.98 34 5.60%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 30,278.08 235 10.60%
2 Citi 24,061.64 191 8.42%
3 Bank of America Merrill Lynch 23,183.88 205 8.11%
4 Goldman Sachs 21,207.87 149 7.42%
5 Barclays 19,256.47 129 6.74%