Merrill’s Taurus U.K. CMBS Tripped Up By Times Square

Merrill Lynch’s Taurus U.K. commercial mortgage-backed securitization has been placed on watch for downgrades to the A-rated C tranche and BBB-rated D tranche by Standard & Poor’s.

  • 04 Sep 2008
--Alex Sebastian

Merrill Lynch’s Taurus U.K. commercial mortgage-backed securitization has been placed on watch for downgrades to the A-rated C tranche and BBB-rated D tranche by Standard & Poor’s. The action has been triggered by concerns over the Times Square loan. The £38 million ($67 million) loan is backed by ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

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1 Bank of America Merrill Lynch 57,945.74 181 12.35%
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