Tikkurila debuts with Eu180m deal

Finnish paint company Tikkurila has signed a Eu180m debut syndicated loan. The deal, signed last week, is split between a Eu100m term loan and an Eu80m revolver.

  • 26 Mar 2010

Tikkurila, until recently a wholly owned subsidiary of Kemira, a Finnish chemicals company, appointed Nordea, Pohjola and SEB as bookrunners. Each committed the same amount. Pohjola was the coordinator and facility agent and Nordea was documentation agent.

The debt will be used to repay inter-company loans to Kemira and ...

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 BNP Paribas 13,823 26 18.14
2 Bank of America Merrill Lynch (BAML) 8,207 26 10.77
3 Lloyds Bank 7,202 22 9.45
4 Citi 6,256 16 8.21
5 JP Morgan 5,220 8 6.85

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 104,581.71 299 10.92%
2 Bank of America Merrill Lynch 86,347.40 249 9.01%
3 JPMorgan 80,990.39 237 8.46%
4 Wells Fargo Securities 77,934.65 225 8.14%
5 Credit Suisse 63,570.21 165 6.64%