U.S. CDO Ruling To Send Shockwaves Through Structured Products (update)

Monday’s ruling by a U.S. court to apply U.S. bankruptcy law to the unwinding of Lehman Brothers’ Dante collateralized debt obligation could trigger restructurings and downgrades in a raft of structured products.

  • 29 Jan 2010

-- Daniel O’Leary

Monday’s ruling by a U.S. court to apply U.S. bankruptcy law to the unwinding of Lehman Brothers’ Dante collateralized debt obligation could trigger restructurings and downgrades in a raft of structured products. At issue is the CDO’s flip clause, which put a defaulted counterparty before the ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Jan 2017
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%