Fiat grows revolver to Eu2bn in increased demerger loan

Fiat has increased the size of the revolving credit facility backing the demerger of its industrial vehicles subsidiary to Eu2bn, after the deal was heavily oversubscribed during syndication. The revolver, which was launched at Eu1.6bn, was signed by 23 banks at the end of December.

  • 04 Jan 2011

“The deal was oversubscribed and so there was a bit of a tweak to the structure,” said a banker close to the deal. “We wanted to facilitate all of the banks that wanted to participate.”

The strength of demand for the new money facility did not surprise bankers across ...

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 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%