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: 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
  • 27 Mar 2017
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%