KKR secures low-levered financing for Acteon stake

The bookrunners on the £405m of loans backing KKR’s acquisition of the majority of oil and gas services group Acteon will hold a bank meeting in London next week to launch the deal.

  • 12 Oct 2012

Commerzbank, DNB, HSBC, KKR Capital Markets and Lloyds are bookrunners on the loans, which take leverage to around 2.1 times Ebitda. GE Capital and Mizuho are mandated lead arrangers.

A banker close to the deal said the debt facilities had been structured as a "lowly-levered, crossover-style transaction" that would ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%