Early commitments drive Grohe to advance deadline

A strong reception from bathroom and kitchen fittings company Grohe’s existing bondholders has allowed bookrunners to bring forward the commitment deadline on the German borrower’s new €300m-equivalent covenant-lite loan by five days to May 11.

  • 11 May 2012
The dual currency loan will be used to refinance €300m of Grohe’s existing floating rate notes, due 2014, and both the CLO and high yield investors in the FRN are among those who have committed to the deal. As a cov-lite deal, Grohe’s loan will have the same ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%