GSC Boosts Synthetic Collateral For Second Hybrid

GSC Partners is marketing its second hybrid asset-backed securities collateralized debt obligation.

  • 11 Aug 2006
Email a colleague
Request a PDF

GSC Partners is marketing its second hybrid asset-backed securities collateralized debt obligation. The USD750 million deal, called GSC ABS CDO 2006-4u, is fully ramped and expected to close early next month. It was underwritten by UBS and consists of 75% credit-default swaps referencing primarily mezzanine residential mortgage-backed securities and the rest in cash securities. GSC's first hybrid, GSC ABS CDO 2006-2m, consisted of 45% synthetic collateral and was placed by Merrill Lynch (DW, 6/2). GSC and UBS officials declined all comment.

GSC is working on a similar deal to 4u with RBS Greenwich Capital and on a high-grade deal with Goldman Sachs, both for the fall.

  • 11 Aug 2006

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 253,106.92 930 8.89%
2 JPMorgan 230,914.50 1036 8.11%
3 Bank of America Merrill Lynch 221,389.46 762 7.78%
4 Goldman Sachs 171,499.26 554 6.03%
5 Barclays 169,046.60 646 5.94%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Jul 2017
1 HSBC 25,385.87 103 7.10%
2 Deutsche Bank 25,125.19 81 7.03%
3 Bank of America Merrill Lynch 22,023.57 59 6.16%
4 BNP Paribas 18,766.65 109 5.25%
5 Credit Agricole CIB 18,157.63 105 5.08%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 JPMorgan 12,578.87 55 8.17%
2 Citi 11,338.07 71 7.36%
3 UBS 10,682.06 44 6.93%
4 Goldman Sachs 10,419.53 53 6.76%
5 Morgan Stanley 10,194.88 57 6.62%