Tender Response Drives GMAC Bonds Higher

General Motors Acceptance Corp. bonds soared last week after investors ate up the company's modified tender offer, which has higher interest rates and stronger covenants than the original offer.

  • 19 Dec 2008
General Motors Acceptance Corp. bonds soared last week after investors ate up the company's modified tender offer, which has higher interest rates and stronger covenants than the original offer. One-year GMAC notes rose eight to 10 points; the 5 5/8% '09s were trading at 73-75 last Wednesday. GMAC's ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%