Cypress Lines Up Credit For CPI Buy

The Cypress Group's $300 million acquisition of Communication & Power Industries (CPI) from Leonard Green & Partners will be financed with a $130 million credit facility consisting of a $90 million term loan and $40 million revolver.

  • 04 Jan 2004
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The Cypress Group's $300 million acquisition of Communication & Power Industries (CPI) from Leonard Green & Partners will be financed with a $130 million credit facility consisting of a $90 million term loan and $40 million revolver. Price talk on the term loan is at LIBOR plus 31/4%, a banker said. UBS and Bear Sterns are leading the deal and Wachovia Securities will serve as documentation agent. A bank meeting is scheduled for Wednesday. CPI is a provider of vacuum electron devices, satellite communications amplifiers, medial imaging generators and other related equipment.

  • 04 Jan 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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5 Credit Suisse 9,276.87 26 5.84%