Providence Equity Seeks Payout

J.P. Morgan and Fleet Securities are in the market with a $75 million second-lien term loan for F+W Publications. Proceeds are being used to fund a dividend for equity sponsor Providence Equity Partners.

  • 09 Apr 2004
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J.P. Morgan and Fleet Securities are in the market with a $75 million second-lien term loan for F+W Publications. Proceeds are being used to fund a dividend for equity sponsor Providence Equity Partners. The loan is priced at LIBOR plus 51/2%. Providence Equity acquired F+W in partnership with William Reilly, former Primedia ceo, and management in February 2002. F+W publishes special interest consumer books and magazines. Michael Angelakis, managing director with Providence Equity, Michael Dominguez, a principal with Providence Equity, and Mark Arnett, F+W's executive v.p. and cfo, did not return calls.

 

  • 09 Apr 2004

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
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