Friendly Bonds Jump With LBO Deal

A 101 change of control put for Friendly Ice Cream Corp. gave its bonds a boost last Monday after it announced Freeze Operations Holding Corp., an affiliate of Sun Capital Partners, will acquire it for about $337.2 million.

  • 22 Jun 2007
A 101 change of control put for Friendly Ice Cream Corp. gave its bonds a boost last Monday after it announced Freeze Operations Holding Corp., an affiliate of Sun Capital Partners, will acquire it for about $337.2 million. Its 8.375% '12 senior notes jumped 6 1/4 points to ...

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 74,831.87 212 13.30%
2 Bank of America Merrill Lynch 65,702.99 205 11.68%
3 Wells Fargo Securities 55,583.74 178 9.88%
4 JPMorgan 40,793.11 141 7.25%
5 Credit Suisse 30,239.23 97 5.38%