Kabel Deutschland launches ‘most proactive’ amendment yet

Kabel Deutschland (KDG), the German cable network operator, launched a covenant amendment request today (Wednesday) in a move which was received by market observers as an encouraging sign that companies are becoming increasingly proactive about ensuring their financial stability.

  • 11 Feb 2009
KDG is requesting a tweak to its senior leverage covenant for the period of December 2010 to December 2011 — it is set to step down from three times [WHAT] to two at the end of 2020, and KDG wants the step-down process to be smoothed over and ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%