Phoenix refi agreed with syndicate of four

UK-based Phoenix IT Group has signed a £90m four year revolving credit with a group of four banks. The loan, signed on August 20, was agreed with Barclays Capital, HSBC, Royal Bank of Scotland and Yorkshire Bank.

  • 27 Aug 2010

The revolver will replace the group’s existing £86m line, comprising an amortising £56m term loan and a revolving credit of £30m. These were signed in 2007 and mature in May 2012.

Phoenix, an IT service provider based in Northampton, has also renewed its £10m overdraft facility for a further ...

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 74,266.46 209 13.33%
2 Bank of America Merrill Lynch 64,298.92 202 11.54%
3 Wells Fargo Securities 55,583.74 178 9.98%
4 JPMorgan 40,447.01 140 7.26%
5 Credit Suisse 30,239.23 97 5.43%