PIMCO To Manage First High-Grade CDO

PIMCO Europe is gearing up to manage its first syndicated synthetic collateralized debt obligation referencing investment-grade corporates.

  • 09 Jun 2006
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PIMCO Europe is gearing up to manage its first syndicated synthetic collateralized debt obligation referencing investment-grade corporates. Currently the European arm of the mega U.S. firm has only emerging market synthetic transactions on its books (DW 11/18/05). The underlying portfolio will be managed out of Munich and officials there did not return emails by press time. Reasons for entering the high-grade CDO arena could not be immediately determined.

The CDO offers investors single-tranche exposure to a portfolio of 127 corporate CDS with an average rating of BBB. The segregated tranches are rated AAA through to A minus, and packaged into seven- and 10-year notes denominated in U.S. dollars, euros or yen. The transaction was arranged by UBS. Structuring officials at the house declined comment.

  • 09 Jun 2006

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 94,925.33 384 8.39%
2 Citi 87,531.58 331 7.74%
3 Bank of America Merrill Lynch 84,341.49 288 7.46%
4 Barclays 75,288.19 241 6.66%
5 Goldman Sachs 68,504.71 208 6.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Mar 2017
1 Bank of America Merrill Lynch 10,650.87 23 11.13%
2 Deutsche Bank 8,169.49 17 8.53%
3 HSBC 6,243.46 23 6.52%
4 Citi 4,355.35 13 4.55%
5 SG Corporate & Investment Banking 4,273.37 17 4.46%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 6,305.34 22 10.84%
2 Deutsche Bank 4,468.97 23 7.68%
3 UBS 4,270.64 20 7.34%
4 Citi 3,833.33 28 6.59%
5 Goldman Sachs 3,788.75 20 6.51%