Lufkin To Launch First CLO

Lufkin Advisors is close to launching its first collateralized debt obligation, Latitude 1.

  • 09 Sep 2005
Email a colleague
Request a PDF

Lufkin Advisors is close to launching its first collateralized debt obligation, Latitude 1. The deal, underwritten by Banc of America Securities, is reportedly in the $300 million range and scheduled to hit the market within the next two weeks.

Lufkin Advisors is led by Chauncey Lufkin, the former cio of Franklin Advisors' debt group. Lufkin had been senior portfolio manager before being promoted to cio in 2002. He formed Lufkin Advisors in the spring of 2004, shortly after leaving Franklin, and he took on from Franklin bank loan trader Kirk Wallace and a research analyst. Lufkin did not return calls seeking comment.

  • 09 Sep 2005

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 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%