Advent opts for senior, mezz for Douglas LBO as supply freeze thaws

Advent International’s success in buying listed companies looks set to finally give leveraged loan investors some new money LBOs to contemplate after the private equity firm decide to finance its buy-out of German retailer Douglas Group with a senior loan and mezzanine financing of around €800m.

  • 19 Oct 2012

Credit Suisse, IKB, Goldman Sachs and JPMorgan are leading the deal, with BayernLB, LBBW, RBI and UniCredit also involved in the financing.

The deal follows Advent’s €775m bid for listed Dutch pharmacy chain Mediq in September, for which the sponsor already has a committed financing in place. Bankers say the ...

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New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 7,171 21 10.72
2 Bank of America Merrill Lynch (BAML) 6,901 20 10.32
3 JP Morgan 4,776 10 7.14
4 Credit Suisse 4,718 9 7.05
5 Lloyds Bank 4,420 14 6.61

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Oct 2016
1 Wells Fargo Securities 68,611.22 170 11.38%
2 Bank of America Merrill Lynch 59,056.08 169 9.80%
3 JPMorgan 56,861.85 163 9.43%
4 Citi 56,521.05 165 9.38%
5 Credit Suisse 44,888.95 123 7.45%