Exponent's HSS seeks high yield debut after string of acquisitions

HSS Hire, the UK tool and equipment hire company, is aiming to sell its first bond, a £200m senior secured 5.5 year high yield issue.

  • By Stefanie Linhardt
  • 27 Jan 2014

Bookrunners JP Morgan, Barclays and HSBC are organising investor meetings from Monday to Wednesday.

HSS will use the proceeds to refinance its senior facilities and revolving facility, to repay shareholder loans and for fees and expenses.

Private equity firm Exponent Private Equity acquired HSS in October 2012 for ...

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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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
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%