Recent Vintage CDOs To Face Heavy Losses

The 2006 and 2007 vintages of collateralized debt obligations may face losses of 40-50%, according to J.P. Morgan Securities analysts.

  • 07 Sep 2007

--Aaron Johnson

The 2006 and 2007 vintages of collateralized debt obligations may face losses of 40-50%, according to J.P. Morgan Securities analysts. The losses are expected to prompt writedowns of 20-30%, including AAA tranches.

If the predicted losses materialize in the ’06 and ’07 vintages, A-rated, BBB-rated and equity ...

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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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%