B of A and Morgan Market Healthcare Distribution Deal

  • 22 Jul 2001
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Bank of America and J.P. Morgan Chase are holding one-to-one meetings with banks for a $1.3 billion credit forAmeriSource-Bergen , the distributors of pharmaceuticals and related healthcare products and services. A banker said the credit is set to go into retail syndication next week. Pricing on the pro rata is LIBOR plus 13/4 %, and consists of a $1 billion revolver and $300 million "A" term loan. Calls to officials at AmeriSource were not returned by press time.

AmeriSource-Bergen is the combination of AmeriSource Health of Valley Forge and Bergen Brunswig of Orange, Calif. The two pharmaceutical giants are merging, in a deal valued at $7 billion, to create a wholesale pharmaceutical supply company with annual revenues of $35 billion.

  • 22 Jul 2001

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 15,256 32 16.83
2 Bank of America Merrill Lynch (BAML) 10,179 30 11.23
3 Citi 9,751 23 10.76
4 Lloyds Bank 7,329 24 8.09
5 JP Morgan 6,580 10 7.26

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 RBC Capital Markets 251.51 1 25.00%
1 MUFG 251.51 1 25.00%
1 Credit Agricole CIB 251.51 1 25.00%
1 Bank of America Merrill Lynch 251.51 1 25.00%
Subtotal 1,006.02 1 100.00%