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) 6,665 23 12.97
2 Citi 5,781 17 11.25
3 BNP Paribas 3,715 15 7.23
4 Barclays 2,853 9 5.55
5 Credit Suisse 2,783 8 5.42

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 99,250.27 279 13.11%
2 Bank of America Merrill Lynch 92,153.61 267 12.17%
3 Wells Fargo Securities 72,661.39 222 9.59%
4 JPMorgan 52,367.24 169 6.91%
5 Credit Suisse 41,885.89 127 5.53%