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 ...

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 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%