Covenant Concerns Hit Spec-Grade Liquidity Ratings

Moody's Investors Services downgraded three companies' speculative-grade liquidity rating to the lowest notch, SGL-4, on concerns of potential covenant violations on their credit facilities.

  • 20 Mar 2008
Moody's Investors Services downgraded three companies' speculative-grade liquidity rating to the lowest notch, SGL-4, on concerns of potential covenant violations on their credit facilities. Newspaper publisher The McClatchy Co., technology and engineering company Alion Science and Technology and professional services company Human Touch were downgraded over concerns that ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%