Euro CDO Issuance Surpasses U.S. For First Time In Years

European collateralized debt obligation issuance surpassed that of the U.S. for the first time in three years as subprime mortgages continue wreaking havoc on credit markets.

  • 01 Aug 2007

--Aaron Johnson

European collateralized debt obligation issuance surpassed that of the U.S. for the first time in three years as subprime mortgages continue wreaking havoc on credit markets. U.S. CDO issuance plummeted to just $10.7 billion in July from $36.4 billion in June, according to J.P. Morgan Securities. Meanwhile, ...

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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) 6,415 22 12.84
2 Citi 5,781 17 11.57
3 BNP Paribas 3,530 14 7.06
4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 99,251.11 279 13.17%
2 Bank of America Merrill Lynch 90,895.27 265 12.06%
3 Wells Fargo Securities 72,661.39 222 9.64%
4 JPMorgan 52,367.24 169 6.95%
5 Credit Suisse 41,885.89 127 5.56%