UCB signs Eu1.5bn after pulling bridge bond

Belgian pharmaceutical group UCB signed a Eu1.5bn loan this week in its latest move to refinance acquisition debt. However, a planned Eu500m tranche was missing after the company instead found demand in the bond market earlier in December.

  • 15 Dec 2009
UCB originally planned to raise a Eu500m 364 day term loan alongside a Eu1.5bn three year plus one revolver. But it cancelled the former in favour of a Eu500m bond targeted at institutional investors. The seven year note priced on December 3 with a spread of 275bp over ...

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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

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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%