Histoire d’Or closes, lenders face scalebacks

Bookrunners have been surprised at the demand for debt backing the acquisition and merger of France’s two leading jewellery retailers, Histoire d’Or and Marc Orian, as syndication for the so-called "goldfinger" deal closes this week.

  • 12 Nov 2010

A small number of commitments were delayed by the French bank holiday on Thursday, but bankers said the loans were "comfortably oversubscribed". The size and terms of the loans will not be modified, leaving investors facing scalebacks.

"It has gone a lot better than we anticipated when we underwrote ...

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 BNP Paribas 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 95,847.77 272 11.13%
2 Bank of America Merrill Lynch 80,029.51 227 9.30%
3 JPMorgan 72,172.60 208 8.38%
4 Wells Fargo Securities 69,859.54 198 8.12%
5 Credit Suisse 58,056.32 149 6.74%