GE, Wachovia Ready Acosta Add-On

A bank meeting is scheduled for tomorrow to launch a $200 million add-on "B" loan for Acosta Sales Co. Proceeds will be used to pay a $200 million dividend.

  • 09 Jul 2004
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A bank meeting is scheduled for tomorrow to launch a $200 million add-on "B" loan for Acosta Sales Co. Proceeds will be used to pay a $200 million dividend. GE Capital and Wachovia Securities are leading the "B" loan. GE is the agent on the company's existing $80 million revolver.

Management owns 52% of the company, while Chartwell Capital and Berkshire Partners own 48%. Acosta provides sales and marketing services to consumer products manufacturers. Chartwell officials; Josh Lutzker, a principal at Berkshire; and Gregory Delaney, Acosta's cfo, did not return calls. GE and Wachovia bankers either declined comment or did not return calls.

 

  • 09 Jul 2004

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%