Carlsberg eschews utilisation fees and increases to Eu1.75bn

Carlsberg has been able to increase a syndicated loan from Eu1.5bn to Eu1.75bn, despite the five year revolver having no utilisation fees.

  • 08 Oct 2010

The Danish brewer, rated Baa3/-/BBB-, signed the self-arranged deal on Friday after
21 banks joined in syndication,
12 as bookrunners and nine as
arrangers.

Over the past two years, European borrowers have had to agree to high utilisation fees — which are paid on top of margins — on ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%