Bond Issue Inches United Rentals Higher

  • 22 Dec 2002
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United Rentals bank debt has been creeping up to the 99 range since the company announced that it was pursuing an additional $210 million in 103Ž 4% senior notes it recently issued. Traders said the bank debt traded in the 99-99 1/2 context last week. The paper was priced in the 97 5/8 ­ 98 5/8 range prior to the announcement of the bond issue on Dec. 10, according to LoanX. Roughly $100 million of the proceeds from the high-yield add-on will pay down a portion of the company's term loan, and the remaining amount is to be used for a repayment of the outstanding amount of the company's revolver. Calls to John Milne, cfo, were not returned by press time.

 

  • 22 Dec 2002

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%