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 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

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%