Poor Auto Sales Don’t Budge Loans

Auto industry loans were unfazed by the weak sales numbers out of Detroit this week.

  • 07 Jan 2009
Auto industry loans were unfazed by the weak sales numbers out of Detroit this week. General Motors loans held steady at 50-53 and Ford Motor Co. at 44-46 Monday and Tuesday. The market expected very low sales, players said. Both loans are actually up six to seven points ...

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
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