Pediatrix Grows Revolver

Pediatrix Medical Group has increased its borrowing capacity and extended maturities through a new $150 million, five-year revolver.

  • 06 Aug 2004
Email a colleague
Request a PDF

Pediatrix Medical Group has increased its borrowing capacity and extended maturities through a new $150 million, five-year revolver. The revolver gives the medical-services provider the option of increasing its borrowing capacity by a further $50 million. "We wanted to have as much flexibility as possible to have better access to capital for acquisitions and other corporate purposes," said Bob Kneeley, director of investor relations at Pediatrix.

The new facility replaces an expiring $100 million, three-year revolver and is led by Bank of America. "We grow by acquiring other practices. We use cash and lines of credit. The old one was expiring late this month so it was time to negotiate," Kneeley noted. Fleet Bank led the company's previous facility. Underlining the reasons for continuing its association with B of A after the Fleet merger, he said, "It's a combination of the relationship and their understanding of the business and the sector."

  • 06 Aug 2004

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%