JP Morgan underwrites loan for Trader Media Group buyout

JP Morgan has underwritten senior debt backing Apax Partners’ acquisition of 50.1% of the UK’s Trader Media Group from the Guardian Media Group.

  • By Olivier Holmey
  • 22 Jan 2014

This transaction completes the private equity firm’s takeover of Trader Media Group, as Apax had already bought 49.9% of the company from GMG in 2007. 

Apart from the senior loans underwritten by JP Morgan, the LBO was backed by privately placed junior debt.

Apax was advised by JP ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@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 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%