TFN quietly closes Eu300m French affair

A Eu300m financing backing the Eu120m takeover of French cleaning company Veolia Propreté Nettoyage et Multiservices by service group TFN Group, and for the refinancing of TFN’s existing debt, closed at the end of August.

  • 08 Sep 2009

The structure is split into roughly Eu250m of senior debt, including term loans, a revolver and a bridge loan, and about Eu50m of subordinated debt.

BNP Paribas coordinated the senior debt package, with Banque Populaires Rives de Paris, Crédit Agricole, CIC Est, HSBC France and Natixis joining as ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@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 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
  • Today
1 Citi 82,050.07 237 12.94%
2 Bank of America Merrill Lynch 70,926.06 217 11.18%
3 Wells Fargo Securities 62,359.46 195 9.83%
4 JPMorgan 45,920.23 145 7.24%
5 Credit Suisse 36,830.60 112 5.81%