Cerved launches three tranche debut high yield for CVC takeover

Cerved, the Italian credit information provider bought by CVC Capital Partners, has become the latest company to line up for high yield bond financing. The business hopes to raise €780m of bonds with different maturities in a debut transaction.

  • 09 Jan 2013

The deal will comprise a senior secured €250m six year FRN, callable after one year; a senior secured €300m fixed rate seven year non-call three note; and a €230m eight year non-call four senior subordinated tranche.

The proceeds will go into an escrow account until the €1.13bn acquisition by ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@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.

All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 142,092.90 622 7.05%
2 Bank of America Merrill Lynch 126,563.58 580 6.28%
3 Citi 113,864.83 602 5.65%
4 Goldman Sachs 94,144.44 398 4.67%
5 Barclays 89,152.07 396 4.42%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 24,789.49 114 8.88%
2 Barclays 21,221.42 83 7.60%
3 Deutsche Bank 18,530.93 78 6.64%
4 HSBC 16,938.83 77 6.07%
5 SG Corporate & Investment Banking 15,665.73 86 5.61%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 5,988.32 51 7.70%
2 Goldman Sachs 5,780.41 47 7.43%
3 Deutsche Bank 5,236.76 54 6.74%
4 Credit Suisse 4,633.16 52 5.96%
5 Barclays 4,263.74 37 5.48%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 29,820.93 232 10.57%
2 Citi 23,746.29 188 8.42%
3 Bank of America Merrill Lynch 22,954.16 203 8.14%
4 Goldman Sachs 20,887.87 148 7.41%
5 Barclays 19,256.47 129 6.83%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 24,182.92 82 6.45%
2 HSBC 23,902.07 109 6.38%
3 Barclays 23,817.08 108 6.35%
4 BNP Paribas 23,234.24 113 6.20%
5 Citi 20,797.03 89 5.55%