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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 15,256 32 17.31
2 Bank of America Merrill Lynch (BAML) 9,637 29 10.93
3 Citi 8,264 22 9.37
4 Lloyds Bank 7,329 24 8.31
5 JP Morgan 6,580 10 7.46

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1 Citi 130,010.09 379 11.12%
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