BAML closes Metaldyne transatlantic loan, another coming

Metaldyne, a US car parts maker, closed a $671m-equivalent transatlantic leveraged loan facility last week. Bank of America Merrill Lynch, which led it, is set to launch another large deal later on Wednesday.

  • By Olivier Holmey
  • 26 Feb 2014

The new deal will be a transaction to reprice the euro and dollar debt of a US borrower. 

Both the Metaldyne loan and the new transaction amend outstanding facilities and contain maintenance covenants, which are sometimes removed from loan documentation in US-only or transatlantic facilities. 

A deal for French veterinary ...

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Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,273.45 69 7.09%
2 BNP Paribas 15,649.19 99 6.42%
3 Goldman Sachs 13,736.97 57 5.64%
4 HSBC 12,718.21 83 5.22%
5 Deutsche Bank 12,330.52 72 5.06%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 5,988.32 51 7.85%
2 Goldman Sachs 5,669.99 45 7.43%
3 Deutsche Bank 5,047.48 51 6.61%
4 Credit Suisse 4,633.16 52 6.07%
5 Barclays 4,263.74 37 5.59%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 29,820.93 232 10.58%
2 Citi 23,746.29 188 8.42%
3 Bank of America Merrill Lynch 22,954.16 203 8.14%
4 Goldman Sachs 20,887.87 148 7.41%
5 Barclays 19,256.47 129 6.83%