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 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%