CCMP, Ontario Teachers win NZ Yellow Pages

Private equity firm CCMP Capital Asia and a unit of Ontario Teachers’ Pension Plan have won the hotly contested auction for New Zealand’s Yellow Pages, being spun off by Telecom New Zealand.

  • 30 Mar 2007

The NZ$2.24bn ($1.6bn) price tag will be supported by NZ$1.2bn of senior debt and NZ$300m of subordinated debt arranged by mandated lead arrangers ABN Amro, Barclays Capital, Calyon and Deutsche Bank.

There is already a bridge loan in place that is likely to be taken out through subordinated debt ...

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 1,505.59 4 20.86%
2 SG Corporate & Investment Banking 1,292.64 1 17.91%
2 Rabobank 1,292.64 1 17.91%
4 Wells Fargo Securities 760.56 2 10.54%
5 BNP Paribas 598.25 2 8.29%