Lite-On Mobile rings up banks for $200m

Lite-On Mobile, owned by Taiwan’s Lite-On Technology Group, has hit the market for a $200m five year term loan, pricing the deal at 110bp over dollar Libor. Returning to lenders nearly three years since its previous deal, the borrower is now shelling out close to double of what it last paid.

  • By Rashmi Kumar
  • 20 Jan 2014

Citi is co-ordinating the transaction and is the mandated lead arranger and bookrunner, according to a banker.

The company is offering four participation levels in syndication. MLAs committing $20m or more earn an all-in of 114bp, lead managers committing $15m-$20m earn 113bp as an all-in, while managers ...

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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 %
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  • 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%