S&P adds default warning to leveraged loan woes

The leveraged loan market received a further reminder on Thursday of the long-term funding challenge it faces, with a report from Standard & Poor’s that said the lack of new CLO creation may lead to a second spike in defaults in Europe.

  • 26 Aug 2011
The S&P report echoes Fitch’s warning — made in its half year leveraged credit review at the start of August — that the market needs to develop further non-bank lending capacity to tackle the refinancing wall of LBO deals structured in the boom. The report also repeats what ...

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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%