Deal Could Slash Yachtmaker’s €900 Mln Debt

Bavaria Yachtbau, the German yacht manufacturer, is reportedly in discussion with lenders for a restructuring that would reduce its €900 million ($1.3 billion) debt.

  • 17 Jul 2009
Bavaria Yachtbau, the German yacht manufacturer, is reportedly in discussion with lenders for a restructuring that would reduce its €900 million ($1.3 billion) debt. The proposed debt-for-equity swap, which involved BY owner Bain Capital and Oaktree Capital Management, which has acquired more than one-third of the company’s debt, ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

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

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
  • Today
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%