Clariant backs takeover with Sfr900 loan

Swiss chemicals firm Clariant has arranged a Sfr900m ($930.2m) bridge loan to back its acquisition of Süd-Chemie from private equity firm One Equity Partners. The facility will be taken out in the bond market at the end of this year or early in 2012.

  • 18 Feb 2011

The company has approached a small group of banks to back the transaction and the facility is likely to be completed as a club deal.

The acquisition, which has an enterprise value of Eu2bn, will be backed by a mixture of new equity, debt and cash.

Hariolf Kottmann, ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@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 Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,665 23 12.97
2 Citi 5,781 17 11.25
3 BNP Paribas 3,715 15 7.23
4 Barclays 2,853 9 5.55
5 Credit Suisse 2,783 8 5.42

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 99,250.27 279 13.11%
2 Bank of America Merrill Lynch 92,153.61 267 12.17%
3 Wells Fargo Securities 72,661.39 222 9.59%
4 JPMorgan 52,367.24 169 6.91%
5 Credit Suisse 41,885.89 127 5.53%