Corporate Supply & Flows (FEBRUARY 20)

  • 23 Feb 2003
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WEEKLY UPDATE

A rebound in highly-rated debt issuance was a feature of last week's primary market calendar as almost half of the $11.6 billion of investment grade issuance was rated double-A or better. Once again several sizeable sovereign issues were behind the boost in average ratings continuing a trend of very heavy issuance by this sector. There has been almost $30 billion of supra/sovereign issuance so far in 2003 and 36% of the primary market year-to-date has been in deals rated double-A or higher (versus 30% for all of 2002). Hence, the year's issuance volumes continue to look heavy with $94.5 billion of investment-grade deals having come to market so far, which is slightly ahead of the pace last year.

Analysis by CreditSights, Inc., an independent online credit research platform. Call (212) 340-3888 or visit www.CreditSights.com for more information

  • 23 Feb 2003

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%