Photonis illuminates LBO market

An investor meeting will be held in Paris on Tuesday to launch general syndication of the €240m of senior facilities backing Axa Private Equity’s buy-out of French photo sensor technology manufacturer Photonis.

  • 26 Sep 2011

Bankers working on the deal said most of the debt would be syndicated to banks.

IKB, ING and Société Générale have underwritten the senior facilities, which include drawn and undrawn lines and will have margins ranging from 450bp to 500bp.

There is also a mezzanine facility, and the equity contribution ...

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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%