BSN already oversubscribed as RAC sets Tuesday meeting

There are strong signs that investors are ready to accept the more aggressive deals being brought to the leveraged loan market as bankers close to BSN Medical’s repricing said the book was already 1-1/2 times oversubscribed with two days to go before the commitment deadline.

  • 08 Oct 2012

BSN’s strong reception will encourage the arrangers of RAC’s dividend recap, for which a bank meeting will be held on Tuesday October 9.

A weak M&A environment and the resulting low LBO dealflow has caused a build up in demand from loan investors, allowing private equity firms to squeeze ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 83,931.01 244 12.94%
2 Bank of America Merrill Lynch 71,587.85 220 11.03%
3 Wells Fargo Securities 64,351.96 203 9.92%
4 JPMorgan 46,391.25 147 7.15%
5 Credit Suisse 37,323.31 115 5.75%