Amplifon turns up debt with GAES purchase

Hearing aid company Amplifon will buy Spain’s GAES Group in a fully debt-funded acquisition with a €528m enterprise value as Italian companies extend their strong run in the loan market.

  • By Mike Turner
  • 26 Jul 2018

UniCredit will act as sole underwriter and bookrunner on the financing, as well as acting as global coordinator, mandated lead arranger and facility agent.

Amplifon’s acquisition facility more than doubles the €320m of net debt it held at the end of March this year, according to its most recent ...

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Global Syndicated Loan Volume

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 440,258.99 1275 10.83%
2 Bank of America Merrill Lynch 395,781.42 1269 9.74%
3 Citi 248,870.97 726 6.12%
4 Wells Fargo Securities 226,713.26 844 5.58%
5 MUFG 181,541.37 1031 4.47%

Bookrunners of Middle East and Africa Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 6,612.85 15 7.24%
2 HSBC 6,299.76 16 6.90%
3 Sumitomo Mitsui Financial Group 6,070.55 12 6.65%
4 Citi 6,061.47 20 6.64%
5 Standard Chartered Bank 5,727.55 25 6.27%

Bookrunners of European Leveraged Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 19,103.54 89 7.62%
2 JPMorgan 16,881.55 58 6.73%
3 Deutsche Bank 15,679.29 58 6.25%
4 Credit Agricole CIB 14,083.69 66 5.62%
5 Goldman Sachs 13,902.00 61 5.54%

Bookrunners of European Marketed Syndicated Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 47,043.60 195 6.55%
2 JPMorgan 46,108.71 102 6.42%
3 UniCredit 39,106.98 168 5.45%
4 Credit Agricole CIB 36,670.04 182 5.11%
5 SG Corporate & Investment Banking 35,773.91 138 4.98%

Syndicated Loan Revenue - EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Apr 2016
1 HSBC 35.45 69 6.71%
2 BNP Paribas 31.67 78 5.99%
3 ING 31.21 74 5.90%
4 Citi 22.60 36 4.27%
5 Deutsche Bank 21.89 32 4.14%