Ineos Waiver Approved By Lenders

A two-quarter waiver of financial covenants for Ineos was approved by lenders last week after the company agreed to increase spreads across all tranches by a range of 175-225 basis points.

  • 11 Dec 2008
A two-quarter waiver of financial covenants for Ineos was approved by lenders last week after the company agreed to increase spreads across all tranches by a range of 175-225 basis points. Current pricing on the facility is LIBOR plus 2 1/4-2 3/4%. In April, the company said it ...

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) 6,665 23 13.02
2 Citi 5,781 17 11.29
3 BNP Paribas 3,530 14 6.89
4 Barclays 2,853 9 5.57
5 Credit Suisse 2,783 8 5.44

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 99,251.11 279 13.15%
2 Bank of America Merrill Lynch 90,895.27 265 12.04%
3 Wells Fargo Securities 72,661.39 222 9.63%
4 JPMorgan 52,367.24 169 6.94%
5 Credit Suisse 41,885.89 127 5.55%