Morgan Stanley Launches Avaya Deal, Citi No Longer Left Lead

Morgan Stanley launched Avaya's buyout financing last Tuesday, heading the bank meeting as left lead after the original left lead, Citigroup, unloaded its own exposure.

  • 25 Jul 2008
Morgan Stanley launched Avaya's buyout financing last Tuesday, heading the bank meeting as left lead after the original left lead, Citigroup, unloaded its own exposure. The credit backs Silver Lake and TPG's $8.3 billion acquisition of the telecommunications company. A $3.8 billion senior secured term loan was brought ...

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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

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5 Wells Fargo Securities 1,012.71 4 7.36%