Boots sweetens £9bn pill with margin flex, backstop trading bid

The banks leading the £9.02bn leveraged loan for the buy-out of Alliance Boots look set to sweeten the deal’s pricing and offer secondary market support, as bankers away from the leads said it was struggling to attract commitments.

  • 20 Jul 2007
EuroWeek has learned that the bookrunners are about to offer the market an upward ‘flex’ on the deal’s interest margin, in the hope of attracting funds that have so far resisted it.Two of the bookrunners — Deutsche Bank and JP Morgan — are also expected to commit to ...

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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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

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%