Sinclair Broadcasting Makes Rounds

J.P. Morgan is in the market with a new loan for Sinclair Broadcasting.

  • 15 Apr 2005
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J.P. Morgan is in the market with a new loan for Sinclair Broadcasting. The facility consists of a six-year, $200 million revolver, a six-and-a-half year, $100 million term loan "A" and a seven-year, $255 term loan "B." Pricing is LIBOR plus 1 1/4% on the term loan "A" and the revolver. Pricing on the term loan "B" is LIBOR plus 1 1/2%. J.P. Morgan, the sole lead, launched syndication of the deal last week. The credit takes out existing bank debt. The Hunt Valley, Md-based company operates television broadcasting companies. It provides programming to more than 60 stations in about 40 markets. David Amy, executive v.p. and cfo, did not return calls.

  • 15 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) 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 %
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1 Citi 74,266.46 209 13.33%
2 Bank of America Merrill Lynch 64,298.92 202 11.54%
3 Wells Fargo Securities 55,583.74 178 9.98%
4 JPMorgan 40,447.01 140 7.26%
5 Credit Suisse 30,239.23 97 5.43%