Primary Roundup

  • 27 Feb 2004
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Primary Roundup
Company Lead Banks Tranche Price Purpose Update
Builders FirstSource UBS $90 million revolver   Recap Syndication was oversubscribed Slated to close February 27
  Bear Stearns $150 million term loan L+300    
    $165 million second-lien term loan L+600    
D&E Communications SunTrust CoBank $25 million revolver L+250 Refi Has already syndicated, closing on Friday Over $250 million of commitments were received on the B loan Pro rata was oversubscribed
    $50 million A loan L+250    
    $150 million B loan L+275    
Dresser CSFB $260 million C loan L+250 Refi C loan rated Ba3, unsecured term loan rated B1 by Moody's
  Morgan Stanley $100 million unsecured term loan L+350    
Freedom Communications J.P. Morgan $100 million revolver L+225 Recap Launched February 24 Rated Ba3 by Moody's
  Morgan Stanley $250 million A loan L+225    
  Wachovia Securities $750 million B loan L+225    
  Deutsche Bank        
  UBS        
Invensys Deutsche Bank $445 million revolver L+250 Refi First lien rated Ba3, second lien rated B1 by Moody's Facility rated B+ by S&P Commitments were due February 27
    $640 million A loan L+250    
    $472 million B loan L+300    
    E149 million B loan L+300    
    £100 million B loan L+300    
    $189 million second lien L+425    
    E74 million second lien L+425    
    $730 million bonding facility      
INVISTA J.P. Morgan $400 million revolver L+275 LBO Launched February 25
  Deutsche Bank $150 million A loan L+275    
  CSFB $1.25 billion B loan L+300    
  Citibank        
Ply Gem Industries UBS $55 million revolver L+250 LBO Revolver was decreased by $10 million, term loan was increased by $10 million Closed last week
  Deutsche Bank $200 million term loan L+275    
Switch and Data Deutsche Bank $5 million revolver L+450 Refi In syndication
    $35 million A loan L+450    
    $70 million B loan L+475    
The Pantry Wachovia Securities $70 million revolver L+275 Refi In syndication
  CSFB $345 million term loan L+300    
True Temper CSFB $20 million L+250 LBO Launched February 24 Rated B+ by S&P, B1 by Moody's
    $110 million L+275    
The Primary Roundup is a compilation of updates on deals previously reported by LMW, as of Thurs, Feb. 26.
  • 27 Feb 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%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%