Watermark
Go to Asia edition

Lactalis lenders' commitments skimmed as €7.5bn loans signed

Lactalis, the French dairy firm, has signed loans of €7.5bn to back its €3.4bn takeover of Italy’s Parmalat. Crédit Agricole, HSBC, Natixis and Société Générale were bookrunners and underwrote the loans, which will also be used to refinance debt.

  • 28 Jul 2011

Syndication, which was launched at the end of May, was oversubscribed as 12 banks committed to the facilities. Lenders were offered tickets of €300m and €600m, but allocations were later scaled back.

The loan is split into a €1.65m one year term loan with a six-month term-out option, ...

Please take a trial or subscribe to access this content.

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

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

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
View full table
1 Citi 3,237 10 19.12
2 Goldman Sachs 2,096 5 12.39
3 Morgan Stanley 1,965 5 11.61
4 BNP Paribas 1,686 6 9.96
5 Barclays 1,565 4 9.25

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 30,859.27 98 11.48%
2 JPMorgan 25,558.51 72 9.51%
3 Wells Fargo Securities 24,627.51 67 9.16%
4 Bank of America Merrill Lynch 23,023.30 73 8.56%
5 Barclays 16,546.45 55 6.16%