Duo Signs On To $150 Mln Deal

  • 08 Apr 2001
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Bank of Tokyo Mitsubishi and Heller Financial have signed on as syndication agent and documentation agent, respectively, for Deutsche Bank's fully underwritten $150 million deal backing Chicago-based GTCR Golder Rauner LLC's leveraged buyout of credit card information processor Transaction Network Services. At last week's bank meeting, commitment fees were offered at 50 basis points across the board on the four-year, $20 million revolver and $30 million term loan "A"-- both priced at LIBOR plus 3%-- and on the $100 million, six-year term loan "B," priced at LIBOR plus 3 1/2%.

GTCR Golder Rauner has already backed the deal with $135 million in equity and $30 million in senior subordinated notes offering a 14% coupon.

  • 08 Apr 2001

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) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%