Equinox Eclipse UK CMBS downgraded

The senior tranche in Barclays’ Equinox (Eclipse 2006-1) UK commercial mortgage securitisation has been downgraded by Moody’s on the back of falling values in the underlying loans.

  • 08 Apr 2013
The £329m ($503.7m) class A notes were cut from Ba3 to Caa1 by the rating agency on Friday afternoon. Analysts said the weighted average securitised loan-to-value now stands at 176%, up from 113% in June. They added that the notes — which were originally rated Aaa by Moody’s ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Bank of America Merrill Lynch 57,210.26 177 12.39%
2 Citi 56,957.04 171 12.34%
3 Wells Fargo Securities 47,551.45 149 10.30%
4 JPMorgan 32,965.91 111 7.14%
5 Credit Suisse 23,990.96 75 5.20%