Special report — In distress: leveraged loan market grapples with restructuring

A shallow pool of distressed-debt investors, bank lenders postponing inevitable losses and the difficulty of calling a bottom for company valuations are combining to make debt-for-equity restructurings a traumatic process. Tessa Wilkie reports on the outlook for a leveraged loan market attempting to sort out the turmoil of collapsing deals.

  • 16 Mar 2009
Private equity firms and lenders have moved a long way from debates about what deals to do and how much leverage to pour into them. Instead the agenda is dominated by questions over who is prepared to stump up cash to save troubled companies, and who is willing ...

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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) 4,628 18 11.81
2 Citi 4,288 14 10.95
3 Rabobank 2,633 4 6.72
4 Goldman Sachs 2,615 4 6.67
5 Barclays 2,603 8 6.64

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Bank of America Merrill Lynch 57,210.26 177 12.39%
2 Citi 56,957.04 171 12.34%
3 Wells Fargo Securities 47,551.45 149 10.30%
4 JPMorgan 32,965.91 111 7.14%
5 Credit Suisse 23,990.96 75 5.20%