CSFB Launches Playtex

  • 12 May 2002
Email a colleague
Request a PDF

Playtex Products is returning to the market with a seven-year, $470 million term loan "C" via sole lead arranger and administration agent Credit Suisse First Boston. Pricing on the line is a skinny LIBOR plus 21/ 2%, which is 75 basis points below pricing on the $325 million "B" tranche arranged this time last year (LMW, 5/3/01). The bank meeting was held last Thursday for the BB-/Ba3 name. Officials at Playtex did not return calls.

CSFB is also coming to the market with a $350 million refinancing deal for Sybron Dental. The company makes products used in orthodontics and general dentistry and the bank loan is rated BB-/Ba3. The loan comprises a $150 million, five-year revolver and a seven-year $200 million "B" tranche. Pricing on the revolver is LIBOR plus 21/ 4% and on the "B" LIBOR plus 23/ 4%. There is also a 1/2% commitment fee on the revolver. The bank meeting date has not yet been set and CSFB officials did not return calls.

 

  • 12 May 2002

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
  • 14 Aug 2017
1 Citi 73,217.70 205 13.50%
2 Bank of America Merrill Lynch 64,298.92 202 11.86%
3 Wells Fargo Securities 54,013.21 172 9.96%
4 JPMorgan 40,335.50 139 7.44%
5 Credit Suisse 30,239.23 97 5.58%