GE Shops YFCS Buyout

GE Capital last week launched syndication of a $113 million facility backing TA Associates acquisition of Youth and Family Centered Services (YFCS).

  • 07 May 2004
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GE Capital last week launched syndication of a $113 million facility backing TA Associates acquisition of Youth and Family Centered Services (YFCS). The facility comprises a six-year, $20 million revolver and seven-year, $93 million "B" loan. Price talk on the "B" loan and revolver is LIBOR plus 3 1/2% and LIBOR plus 3%, respectively.

GE is the lead on YFCS' existing $60 million credit facility. Closing senior leverage is roughly three times, while total leverage is around four times. The sponsor and management are providing about $115 million in junior capital. Richard Tadler, a managing director with TA Associates, and Mark Nunn, YFCS' cfo, did not return calls. A GE banker declined comment.

  • 07 May 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) 3,136 9 13.35
2 Citi 2,562 6 10.90
3 Goldman Sachs 2,150 3 9.15
4 Credit Suisse 1,822 6 7.75
5 Societe Generale 1,814 4 7.72

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%