Early bird responses come in for Kabel Deutschland’s amend and extend

More than 40% of lenders have already agreed to Kabel Deutschland’s (KDG) request to amend and extend its debt, ahead of a November 19 deadline. This follows early approaches by banks leading the process to key lenders, and represents 65% of the consents required for approval.

  • 01 Nov 2010

“There have been no hiccups so far,” said a banker working on the deal.

The cable network operator is offering fees of 50bp to lenders that consent by the early bird deadline of November 12. Those that give their consent in the final week will get 25bp.

The amendments include ...

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 16.10
2 Rabobank 15.11
3 Barclays 9.42
4 Credit Agricole 7.93
5 Morgan Stanley 7.46

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%