Second-Largest CLO Borrower Hit By Downgrade

The second-largest obligor in European collateralized loan obligations, Ineos, has suffered a multi-notch downgrade, which may hit equity holders the hardest among investors.

  • 27 Jan 2009

--Cristina Pittelli

The second-largest obligor in European collateralized loan obligations, Ineos, has suffered a multi-notch downgrade, which may hit equity holders the hardest among investors. The global chemical manufacturer was downgraded to CCC from B- by Standard & Poor’s as it is suffering from difficult market conditions and is ...

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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%