S&P Downgrades 80 Synthetic Euro CDOs

Standard & Poor’s has knocked down the ratings on 80 European synthetic collateralized debt obligations with exposure to U.S. subprime mortgages.

  • 05 Mar 2008

--Cristina Pittelli

Standard & Poor’s has knocked down the ratings on 80 European synthetic collateralized debt obligations with exposure to U.S. subprime mortgages. The downgrades were made on a range of classes, including those previously rated AAA. According to S&P, the downgrades follow the changes it has made to ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%