HealthSouth Cuts Costs

HealthSouth has amended and restated its existing credit facility to reduce pricing and cut fees annually by almost $1 million.

  • 25 Mar 2005
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HealthSouth has amended and restated its existing credit facility to reduce pricing and cut fees annually by almost $1 million. The new deal consists of a five-year, $315 million term loan priced at LIBOR plus 2 1/2%, a five-year $250 million revolver priced at LIBOR plus 2 3/4% and $150 million in letter of credit facilities. The L/C breaks down into a $65 million facility priced at LIBOR plus 2 3/4% and an $85 million synthetic term loan priced at 2 1/2%. J.P. Morgan and Wachovia Capital Markets lead the deal. Deutsche Bank acted as arranger for the amended facility. A spokesman for HealthSouth refused to comment.

  • 25 Mar 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 %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%