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 Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
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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%