Deutsche Bank Leads Sunrise Refi

Deutsche Bank is leading a refinancing for Sunrise Medical that will also pay a dividend to owners Park Avenue Equity Partners and Vestar Capital Partners.

  • 01 Apr 2005
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Deutsche Bank is leading a refinancing for Sunrise Medical that will also pay a dividend to owners Park Avenue Equity Partners and Vestar Capital Partners. The new debt include a $45 million revolver, a $165 term loan "B" and an $80 million second-lien. The revolver and "B" loan are priced at LIBOR plus 2 3/4% and the second-lien is priced at 6%.

Park Avenue, Vestar and company executives took the company private in 2000 in a $365.4 million transaction. Vestar put in $122 million of the $162.6 million equity investment. According to Markit, the existing debt was put in place in March 2004 and consists of a $190 million revolver priced at LIBOR plus 3 1/4% and a $45 million revolver. The debt is led by Deutsche Bank, GE Capital andMerrill Lynch. Calls to James Fetter, cfo, were forwarded to a spokesman who did not return calls.

  • 01 Apr 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) 3,319 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%