Cookson repays £110m early

Cookson, the UK building materials group, will prepay part of its £794m-equivalent loan this month following the completion of its £241m rights issue last week.

  • 10 Mar 2009

The borrower will use the proceeds from the capital raising to pay back £75m and Eu37.5m (together totalling £110m) of its two term loans. These repayments were originally due as amortisations in October 2010.

In return for the early payment, Cookson’s lenders will delay the tightening of its net ...

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 Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,778 8 22.97
2 Citi 5,854 5 19.84
3 Goldman Sachs 4,763 3 16.14
4 Societe Generale 1,506 3 5.10
5 Rabobank 1,413 2 4.79

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 38,486.16 95 14.84%
2 Bank of America Merrill Lynch 35,181.47 86 13.56%
3 Wells Fargo Securities 24,415.38 74 9.41%
4 JPMorgan 17,158.72 50 6.62%
5 Goldman Sachs 13,413.44 31 5.17%