Barclays, CS line up behind TPC and Carlyle for Healthscope LBO

Private equity companies Texas Pacific Group and Carlyle have won the highly sought-after mandate for Healthscope, the Australian private healthcare provider. The A$1.99bn ($1.7bn, Eu1.3bn) buy-out is the biggest such acquisition in Australia since 2007 and will include debt financing of up to A$1.5bn.

  • 19 Jul 2010

Barclays Capital and Credit Suisse are arranging financing backing the consortium’s bid. The debt is likely to have a five year tenor and be split into a term loan ‘A’ and ‘B’, with a margin just below 450bp.

One banker estimated the financing would have about A$1bn-A$1.2bn of term ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 14.60
2 Rabobank 13.70
3 Morgan Stanley 11.16
4 Barclays 8.55
5 Credit Agricole 7.20

Bookrunners of Global Structured Finance

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5 Credit Suisse 9,276.87 26 5.84%