TELUS Plunges After Downgrade

  • 28 Jul 2002
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TELUS, a Canadian phone corporation, saw its U.S. dollar-denominated 7.5% notes of '07 and 8% notes of '11 drop from 63 to 47 after a ratings downgrade to junk from Moody's Investors Service. One buy-side junk analyst blames the steep drop on forced selling pressure from investment-grade money managers.

  • 28 Jul 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) 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 76,164.04 221 13.33%
2 Bank of America Merrill Lynch 67,026.87 208 11.73%
3 Wells Fargo Securities 56,598.86 181 9.90%
4 JPMorgan 41,806.93 144 7.31%
5 Credit Suisse 32,293.17 98 5.65%