Alaris Investors Gain Concessions

Investors gained some concessions on the repricing of Alaris Medical Systems' $235 million "B" loan by Citibank.

  • 07 Dec 2003
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Investors gained some concessions on the repricing of Alaris Medical Systems' $235 million "B" loan by Citibank. Pricing was cut 25 basis points to LIBOR plus 21Ž2%, though it was expected to go down to LIBOR plus 21Ž4%, according to a loan manager. William Bopp, Alaris' senior v.p. and cfo, previously told LMW that he understands that investors are being pressured by the spate of repricings in the market, and he concedes that investors "are having a bit of an issue with the spread" (LMW, 11/24). The repricing also has call protection at 101, the loan manger said. "[Investors] did request call protection. They are in a difficult situation and we felt it was a reasonable request," Bopp said last month. UBS is also a lead on the bank deal. Calls to Citi bankers were not returned.

  • 07 Dec 2003

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%