Icelandic-Linked CDOs See Rating Cuts

Ratings on 10 synthetic collateralized debt obligations have been chopped for referencing at least one of Iceland’s troubled banks.

  • 20 Nov 2008

--Cristina Pittelli

Ratings on 10 synthetic collateralized debt obligations have been chopped for referencing at least one of Iceland’s troubled banks. Recent credit default swap auctions for the senior obligations of Landsbanki, Kaupthing and Glitnir returned particularly low results, between 1.25% to 6.625%, and recovery prospects for the ...

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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) 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
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%