KDL Breaks, Hits 101

Kentucky Data Link's $240 million term loan broke for trading at 100 3/4 and was wrapped around 101 last Wednesday.

  • 16 Feb 2007
Email a colleague
Request a PDF

Kentucky Data Link's $240 million term loan broke for trading at 100 3/4 and was wrapped around 101 last Wednesday. A trader said the paper wasn't very active after the break. Bank of America led the credit, which initially comprised a five-year, $20 million revolver; a seven-year, $200 million term loan "B" and a seven-and-a-half-year, $40 million second-lien term loan. It is priced at LIBOR plus 2 1/4%. KDL, owned by Q-Comm Corp., is using the funds to back the acquisition of Norlight Telecommunications. Calls to a KDL spokesman were not returned.

  • 16 Feb 2007

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%