UPM wraps up Eu800m loan for Myllykoski acquisition

Finnish papermaker UPM-Kymmene signed Eu800m of bank loans on December 21 to finance the acquisition of its rival Myllykoski for an enterprise value of around Eu900m. UPM plans to issue five million shares, with a market value of Eu60m, to support the takeover.

  • 07 Jan 2011

The debt consists of term loans with durations of four, six and seven years. Although the bank group is unconfirmed, the company said many of the banks were relationship banks.

Commerzbank, Crédit Agricole, Nordea, Pohjola, SEB and Svenska were bookrunners on UPM’s existing Eu825m syndicated revolving credit facility, which ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%