Obrascón Huarte Lain mulls larger forward start

Construction firm Obrascón Huarte Lain may increase the size of a Eu190m forward start facility, which the Spanish company will use to extend debt due to mature in January 2011. The margin on the forward start, which was launched last month is thought to be 275bp, an increase on the 225bp price on the existing facility.

  • 19 Mar 2010

Caja Madrid, Crédit Agricole and Royal Bank of Scotland are arranging the facility for OHL, which recently reported earnings of Eu746.9m in 2009.

At the end of the year, the company’s total net debt stood at Eu3.447bn. In December, it had raised Eu200m through a rights issue to ...

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 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 1,712.34 6 12.44%
2 SG Corporate & Investment Banking 1,292.64 1 9.39%
2 Rabobank 1,292.64 1 9.39%
4 Mizuho 1,215.54 3 8.83%
5 Wells Fargo Securities 1,012.71 4 7.36%