Market Forecasts Higher Pricing, No Cov-Lites, CLO Issuance To Lag

Pricing on B2/B rated credits will be set at LIBOR plus 3 1/2%, original-issue-discounts will be a staple in new deals and collateralized loan issuance will continue to decline, according to a Credit Investment News snap survey on the direction of the market.

  • 31 Aug 2007
Pricing on B2/B rated credits will be set at LIBOR plus 3 1/2%, original-issue-discounts will be a staple in new deals and collateralized loan issuance will continue to decline, according to a Credit Investment News snap survey on the direction of the market. The five-question survey garnered about ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 82,050.07 237 12.94%
2 Bank of America Merrill Lynch 70,926.06 217 11.18%
3 Wells Fargo Securities 62,359.46 195 9.83%
4 JPMorgan 45,920.23 145 7.24%
5 Credit Suisse 36,830.60 112 5.81%