Polarcus close to signing $410m refi

Polarcus, a seismic surveyer servicing the oil industry, has signed a term sheet for a $410m refinancing loan. DnB NOR Bank, DV Bank and export credit agencies Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans are mandated lead arrangers on the deal, which refinances several lines of debt.

  • 28 Jul 2011
The Dubai-based borrower, which is unrated, hopes to sign the deal by the end of August. Part of the loan will be a $260m long term facility from Eksportfinans, which carries a fixed rate margin of 285bp. The borrower said that GIEK and the commercial banks will be ...

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.

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%