CLOs Selling To Make Room For New Issue

Collateralized loan obligations are selling older, lower-yielding credits to participate in the new issue market as the cash that flowed into the loan market earlier this year dwindles.

  • 20 Nov 2009

--Libby Sallaberry

Collateralized loan obligations are selling older, lower-yielding credits to participate in the new issue market as the cash that flowed into the loan market earlier this year dwindles. This shift, along with investors taking profits on the market¹s 42% percent rise this year, have brought a net ...

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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) 3,865 12 12.83
2 Citi 2,800 7 9.29
3 Credit Agricole 2,254 6 7.48
4 Goldman Sachs 2,150 3 7.14
5 Barclays 2,006 6 6.66

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Jun 2017
1 Citi 46,714.29 133 12.73%
2 Bank of America Merrill Lynch 43,017.27 121 11.73%
3 Wells Fargo Securities 36,865.83 105 10.05%
4 JPMorgan 25,897.27 79 7.06%
5 Credit Suisse 19,055.29 50 5.19%