Thomas Cook to price in 7.625%-7.875% area

Thomas Cook’s first high yield bond since it reemerged from distressed trading levels is set to be priced tomorrow. The €525m seven year bond issue is guided in the 7.625%-7.875% area.

  • 22 May 2013

The bond comes alongside close to £700m of bank facilities and a £425m equity placing and rights issue.

Royal Bank of Scotland is billing and delivering on the bonds, with Barclays, BNP Paribas, Credit Suisse, DNB Markets, Jefferies, Lloyds and Société Générale also bookrunning.

Thomas Cook has struggled in ...

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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
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%