Whether it was for capital to back a mammoth acquisition, a refinancing for an old-time client, market knowledge of the buyside or financing advice, Bank of America Merrill Lynch could be relied on in 2013. For its creativity, lending firepower, market clout, depth of wallet and smart transactions, BofA Merrill is IFR’s Americas Loan House of the Year.
Every once in a while, a deal comes along that simply breaks the mould – and redraws the map of what can be done in the global capital markets. The bond and loan package to fund Verizon’s US$130bn acquisition of Vodafone’s stake in Verizon Wireless was a deal like that. For changing the landscape of the possible, it is IFR’s Americas Financing Package of the Year.
When rumours arose of a US$100bn–$130bn transaction backing Verizon Communications’ acquisition of the remaining 45% stake that it did not own in Verizon Wireless from the Vodafone Group, the market wondered if such a thing was possible. Then, on September 2 2013, the talk became a reality that the market will remember for years to come.
- US Debt House: Bank of America Merrill Lynch
- Loan House and Asia-Pacific Loan House: Deutsche Bank
- US Loan House: Bank of America Merrill Lynch
- North America Leveraged Loan: Dell’s US$9.1bn LBO
- US Loan: Verizon’s US$61bn bridge loan
- US Leveraged Loan: Dell’s US$9.1bn LBO
- M&A issuers rush to market before year-end