BNP Preps Maidenform LBO Credit

BNP Paribas is preparing a $180 million facility backing the acquisition of bra manufacturer Maidenform by Ares Management's private equity arm, the Ares Corporate Opportunities Fund.

  • 02 Apr 2004
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BNP Paribas is preparing a $180 million facility backing the acquisition of bra manufacturer Maidenform by Ares Management's private equity arm, the Ares Corporate Opportunities Fund. The credit comprises a $39 million revolver, a $90 million first-lien term loan and $60 million second-lien term loan.

The revolver and first-lien term loan are being talked at LIBOR plus 33/4% and the second-lien term loan is talked at LIBOR plus 61/2%. Syndication will launch later this month. Oaktree Capital Management is currently Maidenform's majority owner. UBS advised Maidenform. BNP bankers and Oaktree officials declined comment and Ares officials could not be reached by press time.

  • 02 Apr 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 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

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%