Douglas approves takeover, guides TLB OID

Shareholders of Douglas, the German retailer, have approved the takeover of the company by private equity firm Advent. This allows the €803m debt financing to go ahead.

  • 06 Dec 2012

A banker close to the deal said that the deal was going very well. “We are guiding towards an OID of 99 on the ‘B’ loans," he said. BayernLB, Commerzbank, Credit Suisse, Goldman Sachs, IKB, JP Morgan, LBBW, RBI and UniCredit are bookrunners on the senior loans.

EuroWeek ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 120,318.45 348 12.72%
2 Bank of America Merrill Lynch 104,269.08 299 11.02%
3 Wells Fargo Securities 88,761.07 266 9.38%
4 JPMorgan 69,240.12 209 7.32%
5 Credit Suisse 51,560.77 157 5.45%