CIT’s Floaters Lifted On News Of $3Bln Loan

Commercial lender CIT Group’s floating-rate bonds rallied today on news the company was able to stave off bankruptcy as bondholders committed $3 billion in rescue financing.

  • 20 Jul 2009

--Leela Parker

Commercial lender CIT Group’s floating-rate bonds rallied today on news the company was able to stave off bankruptcy as bondholders committed $3 billion in rescue financing. The floaters, due in August, opened the week at 80-85. They traded up to 88 before falling off their highs to ...

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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) 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
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%