GE Capital Revs Up Loan For Metaldyne

GE Capital launched syndication of a new loan for automotive manufacturer Metaldyne Corp. at a bank meeting in New York last Wednesday.

  • 20 May 2005
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GE Capital launched syndication of a new loan for automotive manufacturer Metaldyne Corp. at a bank meeting in New York last Wednesday. The deal is a five-year, $175 million asset-based, receivables-only facility priced at LIBOR plus 2 1/4%.

Metaldyne makes components for passenger cars and commercial vehicles, ranging from engine parts to transmissions and suspensions. Its top customers include DaimlerChrysler, Nissan, Ford Motor and Toyota. Private equity fund Heartland Industrial Partners formed Metaldyne through the consolidation of MascoTech, Simpson Industries and Global Metal Technologies. The consolidation started with the MascoTech acquisition in 2000. A call to Paul Triggiani at Heartland was not returned by press time.

  • 20 May 2005

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) 3,865 12 12.28
2 Citi 2,800 7 8.90
3 Goldman Sachs 2,615 4 8.31
4 Credit Agricole 2,254 6 7.16
5 Barclays 2,006 6 6.38

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Jun 2017
1 Citi 46,714.29 133 12.73%
2 Bank of America Merrill Lynch 43,017.27 121 11.73%
3 Wells Fargo Securities 36,865.83 105 10.05%
4 JPMorgan 25,897.27 79 7.06%
5 Credit Suisse 19,055.29 50 5.19%