Rating Game (JULY 26 -- AUG. 1)

  • 04 Aug 2002
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RATING GAME (July 26- Aug 1)
Moody's Investors Service
DowngradesFromTo
Banco Commercial S.A. Sr. Unscd. B1 Caa1
Banco Commercial S.A. Sub. B2 Caa1
Banco de Montevideo S.A. Sr. Unscd. B1 Caa1
Banco de Montevideo S.A. Sr. Unscd. MTN B1 Caa1
Petroleum Geo-Services ASA Sr. Unscd. Ba1 Ba2
Petroleum Geo-Services ASA Jr. Sub. Ba2 Ba3
Orion Power Holdings Sr. Unscd. Ba1 Ba3
Reliant Energy Inc. Sub. Baa2 Baa3
Reliant Energy Inc. Jr. Sub. Baa2 Baa3
Legrand Sr. Unscd. A2 Baa1
Nichimen America Backed Sr. Unscd. MTN B1 B2
Nichimen Corp. Sr. Unscd. Ba3 B1
Nichimen Europe Plc Backed Sr. Unscd. B1 B2
Nichimen Europe Plc Backed Sr. Unscd. MTN B1 B2
Nichimen Hong Kong (Cayman) Ltd. Backed Sr. Unscd. MTN B1 B2
Corning Inc. Sr. Unscd. Baa3 Ba2
NRG Energy Sr. Unscd. Baa3 B1
Xcel Energy Sr. Unscd. A3 Baa2
Bayerische Hypo-und Vereinsbank AG Sr. Unscd. MTN Aa3 A1
Bayerische Hypo-und Vereinsbank AG Sr. Sub. A1 A2
Bayerische Hypo-und Vereinsbank AG Sub. A1 A2
Bayerische Hypo-und Vereinsbank AG Sub. MTN A1 A2
Bayerische Hypo-und Vereinsbank Singapoure Sr. Unscd. Aa3 A1
Bayerische Hypo-und Vereinsbank Singapoure Sr. Unscd. MTN Aa3 A1
Bayerische Hypo-und Vereinsbank Singapoure Sub. MTN A1 A2
Bayerische Hypogheken-und Wechsel Bank A.G. Backed Sr. Unscd. Aa3 A1
Bayerische Hypogheken-und Wechsel Bank A.G. Backed Sr. Unscd. MTN Aa3 A1
Bayerische Hypogheken-und Wechsel Bank A.G. Backed Sub. A1 A2
Bayerische Hypogheken-und Wechsel Bank A.G. Backed Sub. MTN A1 A2
Bayerische Vereinsbank AG Paris Branch Sr. Unscd. MTN Aa3 A1
HVB Real Estate Bank AG Sr. Unscd. Aa3 A1
HVB Real Estate Bank AG Sr. Unscd. MTN Aa3 A1
HVB Real Estate Bank AG Sub. A1 A2
HVB Real Estate Bank AG Sub. MTN A1 A2
HypoVereins Finance N.V. Backed Sr. Unscd. Aa3 A1
HypoVereins Finance N.V. Backed Sr. Unscd. MTN Aa3 A1
HypoVereins Finance N.V. Backed Sub. MTN A1 A2
Westhyp Finance B.V. Backed Sr. Unscd. MTN A1 A2
Westhyp Finance B.V. Backed Sub. MTN A2 A3
Wuerttembergische Hypothekenbank AG Sr. Scd. Aaa Aa1
Wuerttembergische Hypothekenbank AG Sr.Unscd. A1 A2
Wuerttembergische Hypothekenbank AG Sr. Unscd. MTN A1 A2
Wuerttembergische Hypothekenbank AG Sub. A2 A3
Wuerttembergische Hypothekenbank AG Sub. MTN A2 A3
RTL Group SA Sr. Unscd. A3 Baa1
Telefonaktiebolaget LM Ericsson Sr. Unscd. Baa3 Ba1
Telefonaktiebolaget LM Ericsson Sr. Unscd. MTN Baa3 Ba1
Atlantic Express Transportation Corp. Sr. Scd. B2 Ca
Hanover Compressor Co. Sr. Unscd. Ba3 B1
Cleco Evangeline LLC Sr. Scd. Baa2 Baa3
TELUS Corp. Sr. Unscd. Baa2 Ba1
Upgrades
Isetan Co. Ltd. Sr. Unscd. Ba1 Baa3
Nationwide Building Society Sr. Unscd. A1 Aa3
Nationwide Building Society Sr. Unscd. MTN A1 Aa3
Nationwide Building Society Sub. A2 A1
Nationwide Building Society Sub. MTN A2 A1
Nationwide Building Society Jr. Sub. A3 A2
Societe Nationale des Cemins de Fer Francais Sr. Unscd. Aa1 Aaa
Societe Nationale des Cemins de Fer Francais Sr. Unscd. MTN Aa1 Aaa
FITCH
Downgrades
The Williams Companies Inc. Sr. Unscd. BB+ BB-
Northwest Pipeline Corp. Sr. Unscd. BBB- BB
Texas Gas Transmission Corp. Sr. Unscd. BBB- BB
Transcontinental Gas Pipe Line Corp. Sr. Unscd. BBB- BB
Xcel Energy Sr. Unscd. BBB+ BB+
Northern States Power MN Sr. Unscd. BBB+ BB+
Norhtern States Power WI Sr. Unscd. BBB+ BB+
Public Service Co. of Colorado Sr Unscd. BBB+ BB+
Petroleum Geo-Services ASA Sr. Unscd. BBB- B
Upgrades
iStar Financial Inc. Sr. Unscd. BB+ BBB-


  • 04 Aug 2002

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) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 108,190.43 309 12.88%
2 Bank of America Merrill Lynch 95,782.14 279 11.40%
3 Wells Fargo Securities 80,847.28 245 9.63%
4 JPMorgan 58,524.24 184 6.97%
5 Credit Suisse 43,977.05 134 5.24%