KKR launches Unisteel loan after retreat

Kohlberg Kravis Roberts launched the $280m leveraged loan supporting the buyout of Unisteel this week in a deal that sets a new benchmark for Asian LBO debt.

  • 17 Jul 2008

KKR has agreed to finance 59.5% of the acquisition with equity — an unusually high proportion that illustrates just how much leveraged finance structures have changed since the end of the buy-out boom last year.

EuroWeek can reveal that the private equity sponsor lowered its leverage ratios by ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.69
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.77

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3 Wells Fargo Securities 37,344.94 107 8.16%
4 Bank of America Merrill Lynch 34,673.03 110 7.57%
5 Credit Suisse 29,307.78 89 6.40%