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Lookers pays high price for refi

Lookers, the UK car dealer, is searching for alternative sources of capital to repay part of its bank debt as it counts the cost of its latest refinancing exercise.

  • 02 Jun 2009
The FTSE small cap firm, which announced the refinancing on Monday as it released its full year results to the end of December, has signed a new £210m facility. The loan matures in April 30, 2012 and is split between a £53m revolver and two term loans totalling ...

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GlobalCapital European securitization league table

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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

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1 Citi 94,444.52 266 11.16%
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3 Wells Fargo Securities 69,655.75 196 8.23%
4 JPMorgan 69,110.65 196 8.17%
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