focus-on-ideas-and-deals-will-follow-says-brownfield

Focus on ideas and deals will follow, says Brownfield

Credit SuisseÆs head of investment banking in Japan talks about the sale of Tokyo Star Bank, the Japanese banking sector and how Credit Suisse is putting a new emphasis on its equity underwriting business.
March 16, 2008
The recent sale by Lone Star of Tokyo Star Bank TSB to Advantage Partners gave Credit Suisse an opportunity to demonstrate its financing capabilities in Japan. Merrill Lynch, which advised Advantage Partners, arranged the senior tranche as well as the Mezzanine A tranche itself. However, Credit Suisse, which advised Lone Star, participated in the senior tranche as did Shinsei, Calyon and Bayerishe Hypovereins Bank and picked up the non-cash paying subordinated loan plus warrants. In all, the financing came to Ñ169.6 billion $1.6 billion.

Here, Credit Suisse's H. Andrew Brownfield III, head of investment banking for Japan, gives his views on the TSB transaction and other issues facing players in the Japanese market...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222