Some CLOs Face LIBOR Squeeze

Some collateralized loan obligations will be paying out close to 5.75% to investors holding triple-A paper, while on the flipside those same CLOs may be reaping lower yields on some constituent loan collateral.

  • 07 Sep 2007
Some collateralized loan obligations will be paying out close to 5.75% to investors holding triple-A paper, while on the flipside those same CLOs may be reaping lower yields on some constituent loan collateral. The anomaly arises because three-month LIBOR, on which triple-A payouts are based, is rising but ...

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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

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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%