Trio Set Rental Reprice

J.P. Morgan, Banc of America Securities and Credit Suisse First Boston are leading the repricing and refinancing of United Rentals' $1.55 billion credit facility.

  • 23 Jan 2004
Email a colleague
Request a PDF

J.P. Morgan, Banc of America Securities and Credit Suisse First Boston are leading the repricing and refinancing of United Rentals' $1.55 billion credit facility. Pricing on the facility is being cut from LIBOR plus 3% to LIBOR plus 21/4%. The loan comprises a $650 million revolver, $750 million "B" loan and $150 million synthetic letter of credit facility. The revolver matures in 2009 and carries a 50 basis point commitment fee. The term loan and letter of credit facility mature in 2011. Citibank is co-documentation agent with CSFB. The deal launched last Wednesday. United Rentals officials could not be reached by press time.

  • 23 Jan 2004

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 2,454.09 9 13.89%
2 JPMorgan 1,441.26 6 8.16%
3 SG Corporate & Investment Banking 1,292.64 1 7.32%
3 Rabobank 1,292.64 1 7.32%
5 Bank of America Merrill Lynch 1,226.20 5 6.94%