Novacap LBO oversubscribed with more to come

The Eu209m of senior loans backing the buy-out of French chemicals group Novacap are already oversubscribed following a targeted syndication, with commitments from some large banks still to come in.

  • 04 Mar 2011

Bankers said the Eu93m term loan ‘B’ has been a blow-out, after bookrunners approached existing and new institutional lenders.

In addition to the institutional tranche there is a Eu76m term loan ‘A’, a Eu15m revolver and a Eu15m capex facility. The proceeds are being used for Axa’s takeover of ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%