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 Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%