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Kreuz $275m LBO loan to close soon

Kreuz Holdings, a Singapore-listed subsea services provider to the offshore oil and gas industry, is close to wrapping up its $275m five year loan, which will help fund the buyback of its shares by holding company SEA9.

  • By Rashmi Kumar
  • 25 Feb 2014

The loan is led by original bookrunners and mandated lead arrangers ABN Amro and GE Capital, according to two bankers.

Cathay United Bank, Natixis, Siemens Financial Services, Sumitomo Mitsui Banking Corp and United Overseas Bank have joined the leveraged buyout loan also as MLABs, said one of ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
Excludes PPs. Click for full table
1 China Merchants Securities Co 14.44
2 Industrial and Commercial Bank of China (ICBC) 11.65
3 Bank of China (BOC) 10.33
4 CITIC Securities 8.41
5 Agricultural Bank of China (ABC) 7.17

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Goldman Sachs 1,472.64 4 9.31%
2 CITIC Securities 1,389.13 8 8.78%
3 China International Capital Corp Ltd 1,340.29 6 8.47%
4 UBS 1,119.14 7 7.08%
5 Morgan Stanley 1,105.27 8 6.99%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 HSBC 5,431.62 41 10.56%
2 JPMorgan 3,619.90 21 7.04%
3 Citi 3,555.05 26 6.91%
4 UBS 2,356.80 22 4.58%
5 Deutsche Bank 2,285.67 18 4.44%

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