Big Yellow boxes up four year deal

Big Yellow, the self-storage company, has signed a new £190m bank line with a four year tenor. The new deal, provided by HSBC, Lloyds Banking Group and Santander, is split into a £140m term loan and a £50m revolving facility.

  • 08 Oct 2012
The loans have a ratcheted margin over Libor linked to interest cover, with the initial blended margin at the lowest notch available (for an income cover over three times) of 240bp. The total fees are around £3.2m. The new loans replace a £225m deal expiring in September next ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: 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 BNP Paribas 5,997 17 15.40
2 Citi 4,679 16 12.02
3 Lloyds Bank 3,158 6 8.11
4 Bank of America Merrill Lynch (BAML) 3,104 10 7.97
5 Morgan Stanley 3,066 8 7.88

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 69,085.90 230 10.50%
2 JPMorgan 63,371.79 193 9.63%
3 Wells Fargo Securities 50,770.30 154 7.72%
4 Bank of America Merrill Lynch 50,413.91 166 7.66%
5 Credit Suisse 45,852.68 144 6.97%