CDOs With Split Ratings Emerge

Collateralized debt obligations with different ratings on the same tranches have become more pronounced as the agencies' approaches, especially those of Moody's Investors Service and Standard & Poor's, have diverged.

  • 14 Dec 2007
Collateralized debt obligations with different ratings on the same tranches have become more pronounced as the agencies' approaches, especially those of Moody's Investors Service and Standard & Poor's, have diverged. Moody's has been particularly aggressive in downgrading CDOs in reaction to criticism of its previous rating actions, said ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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%