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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%