Polkomtel proceeds with term loan ‘C’

Bookrunners on the debt package backing the takeover of Polish telecom company Polkomtel will formally launch this week a term loan ‘C’ to replace much of the Z1.75bn (€400m) senior secured bond bridge, after receiving enough interest from lenders whom they had sounded out.

  • 24 Oct 2011

Appetite for Polkomtel’s loans from zloty lenders surprised even the bookrunners when they launched syndication in August, and by taking advantage of this demand the company reduces its exposure to a volatile and probably more expensive high yield bond market.

The new loan, which will rank below Polkomtel’s ...

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) 1,284 2 30.09
2 Barclays 633 1 14.82
3 BNP Paribas 509 1 11.91
4 Citi 467 1 10.94
5 Morgan Stanley 455 1 10.66

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 9,235.10 31 12.19%
2 Barclays 7,853.42 22 10.36%
3 Bank of America Merrill Lynch 7,473.95 24 9.86%
4 JPMorgan 7,225.34 25 9.54%
5 Wells Fargo Securities 6,258.35 24 8.26%