Conti plans early loan refi

Continental, the debt-laden car parts supplier, said today that it will refinance or repay a Eu3.5bn loan tranche due in August next year by the end of the first quarter. The German borrower, rumoured to be planning a bond issue, also said it would launch a Eu1bn-Eu1.5bn capital increase in that time.

  • 29 Oct 2009
While the company said it was looking at several options to repay the debt, bankers were wary about its chances of rolling it over in the loan market. “This wouldn’t be the easiest deal to do,” said a loans banker. “It’s a strong company, but the sector is ...

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 15,256 32 16.83
2 Bank of America Merrill Lynch (BAML) 10,179 30 11.23
3 Citi 9,751 23 10.76
4 Lloyds Bank 7,329 24 8.09
5 JP Morgan 6,580 10 7.26

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 RBC Capital Markets 801.51 2 13.30%
2 Citi 783.55 4 13.01%
3 Wells Fargo Securities 606.78 3 10.07%
4 Credit Suisse 534.82 2 8.88%
5 SG Corporate & Investment Banking 497.64 2 8.26%