Forest Co. Enters Institutional Mart

Roseburg Forest Products Co. is refinancing its revolver and putting in place its first "B" loan.

  • 23 Jan 2004
Email a colleague
Request a PDF

Roseburg Forest Products Co. is refinancing its revolver and putting in place its first "B" loan. Credit Suisse First Boston is leading the $350 million term loan portion while American AgCredit and US Bank are leading the $250 million revolver.

Roseburg jumped on a "B" loan because of the current market conditions, noted Scott Nelson , the company's treasurer. "It's a very attractive market right now and it looked like a good opportunity," Nelson said. Roseburg's revolver was set to mature in 2004. "We're just doing a routine refinancing," he added. Pricing has not been determined, but Nelson said they expect the spread to be in the low 200s. Roseburg has had a relationship with all three banks, Nelson said. Bank of America previously led the company's revolver. Roseburg is a supplier of wood products.

 

  • 23 Jan 2004

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,261.12 337 11.09%
2 Bank of America Merrill Lynch 94,721.79 272 8.96%
3 JPMorgan 92,612.23 269 8.76%
4 Wells Fargo Securities 82,597.19 239 7.81%
5 Credit Suisse 69,442.99 183 6.57%