IDH bookrunners seek reverse flex

Bookrunners on the £355m of loans backing Carlyle’s buy-out of Integrated Dental Holdings have asked those lenders that have already committed to do so again at reduced pricing. They have until Tuesday to respond.

  • 07 Mar 2011

The reverse flex would cut margins on the £104.5m term loan ‘A’ and £155.5m term loan ‘B’ by 25bp each — to 425bp and 475bp respectively. Pricing on the £85m acquisition facility and £10m revolver will remain at 450bp.

Bank of Ireland, ING, Lloyds and Société Générale are underwriting ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

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

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
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%