DaVita Resignation Not Expected To Stop Syndication

The resignation of DaVita CFO Denise Fletcher is not expected to affect the syndication of the financing backing the company's $3.05 billion acquisition of Gambro Healthcare.

  • 22 Apr 2005
Email a colleague
Request a PDF

The resignation of DaVita CFO Denise Fletcher is not expected to affect the syndication of the financing backing the company's $3.05 billion acquisition of Gambro Healthcare. LeAnne Zumwalt, v.p. of investor relations, said "We do not believe the deal timing or execution will be affected by [Fletcher leaving]." J.P. Morgan is leading the facility with syndication set for the first of May.

Zumwalt said Fletcher resigned in a "mutual agreement to part ways." Tom Kelly, executive v.p., is serving as temporary cfo. The resignation comes amid a Federal Trade Commission review into the company's intention to buy Gambro's U.S. clinics.

  • 22 Apr 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%