EQT allocates large Azelis buyout loan in private

Specialty chemicals distributor Azelis offered a €1bn loan deal to fund its acquisition by EQT this week. It has pre-placed almost half of it amid widening margins in the European leveraged loan market.

  • By Victor Jimenez
  • 09 Jul 2018

EQT has paired with Canada’s Public Sector Pension Investments to buy Azelis from Apax, which bought it from another private equity firm, 3i, in March three years ago.

On Wednesday, Azelis began marketing €535m of seven year ...

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Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 14,336.43 69 7.12%
2 Credit Agricole CIB 12,134.36 54 6.03%
3 Deutsche Bank 11,901.17 45 5.91%
4 Goldman Sachs 11,327.05 46 5.63%
5 UniCredit 10,733.06 63 5.33%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 4,034.08 48 6.97%
2 Deutsche Bank 3,776.65 37 6.53%
3 Goldman Sachs 3,623.05 30 6.26%
4 JPMorgan 3,537.06 38 6.11%
5 Credit Suisse 3,303.94 34 5.71%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,438.26 136 10.01%
2 Credit Suisse 12,843.21 88 7.37%
3 Goldman Sachs 12,373.76 90 7.10%
4 Citi 12,023.66 101 6.90%
5 Bank of America Merrill Lynch 11,966.50 108 6.87%