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 Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%