Ascom gets Sfr120m loan for TEMS buy

Ascom, the Swiss electronic systems company, has secured a long-term loan of Sfr120m (Eu78.6m) to back its takeover of TEMS, a mobile network testing business, from Sweden’s Ericsson.

  • 24 Mar 2009

The facility, which matures at the end of December 2012, was provided by eight banks. Credit Suisse and UBS were the bookrunners.

Ascom is buying TEMS for Sfr190m. The rest of the acquisition will be funded using its cash reserves.

The facility leaves Ascom, which previously had no debt, leveraged ...

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) 3,136 9 12.62
2 Citi 2,562 6 10.31
3 Goldman Sachs 2,150 3 8.65
4 Credit Suisse 1,822 6 7.33
5 Societe Generale 1,814 4 7.30

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%