Verizon Increases 'B' Loan

The term loan "B" for The Carlyle Group's purchase of Verizon Hawaii was increased by $50 million last week.

  • 29 Apr 2005
Email a colleague
Request a PDF

The term loan "B" for The Carlyle Group's purchase of Verizon Hawaii was increased by $50 million last week. The increased facility consists of a $175 million revolver, a seven-year, $300 million term loan "A" and a seven-and-a-half year, $450 million term loan "B." Pricing has remained at 2 1/4% on all tranches. JPMorgan, Goldman Sachs and Lehman Brothers are leading the deal (LMW, 4/15). The company also sold $500 million in the 144a private placement market. The senior subordinated coupon was boosted to 12 1/2% from 10 1/2%.

  • 29 Apr 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.69
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.77

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 48,981.15 156 10.70%
2 JPMorgan 42,528.25 122 9.29%
3 Wells Fargo Securities 37,344.94 107 8.16%
4 Bank of America Merrill Lynch 34,673.03 110 7.57%
5 Credit Suisse 29,307.78 89 6.40%