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%.
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Latest news by market and league table performance
|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|2||Bank of America Merrill Lynch (BAML)||10,179||30||11.23|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|1||RBC Capital Markets||801.51||2||17.07%|
|2||Wells Fargo Securities||606.78||3||12.93%|