Rating Game (DEC. 29 — JAN. 4)

  • 07 Jan 2001
Email a colleague
Request a PDF
MOODY'SFROMTO
UPGRADES
CapRock Communications Corp. sr. unsec. B3 B1
Printpack, Inc. sr. unsec. B3 B2
sr. sub. Caa1 B3
Read-Rite Corp. sub. C Caa3
DOWNGRADES
Cray Research, Inc. backed sub. B2 Caa2
LTV Corp. (The) backed sr. unsec. B2 Ca
National Steel Corp. first mtg. bonds B2 Caa1
PG&E Gas Transmission, Northwest Corp. sr. unsec., sr. unsec. MTNs A3 Baa1
Pennzoil-Quaker State Co. sr. unsec. Baa2 Baa3
Quality Stores, Inc. sr. unsec. B2 B3
SGI sr. unsec. B1 B3
STANDARD & POOR'S
UPGRADES
Anheuser-Busch Cos. Inc. Euro. notes A A+
Aracruz Celulose S.A. notes B+ BB-
Banco Citibank S.A. sr. unsec. Brazil-related MTNs B+ BB-
Banco Nacional de Desenvolvimento Economico e Social notes,
var. rate notes B+ BB-
Banco do Nordeste do Brasil S.A. (BNB) notes B+ BB-
Brazil (Federative Republic of) local currency BB BB+
foreign currency, bonds, brady bonds, global bonds, notes B+ BB-
ClimaChem, Inc. sr. notes D C
Eletrobras - Centrais Eletricas Brasileiras S.A. bonds B+ BB-
Espirito Santo Centrais Eletricas S.A. notes B+ BB-
HSBC Bank Brasil S.A. Euro MTNs, sr. Euro MTNs, sub. Euro MTNs B+ BB-
LIR Energy Ltd. global gtd. notes B+ BB-
Penhall International Inc. sr. notes B- B
Unibanco-Uniao de Bancos Brasileiros, S.A. MTNs, sr. unsec. MTNs B+ BB-
DOWNGRADES
EES Coke Battery Co. Inc. sr. sec. notes B B-
EV International, Inc. sr. sub. notes CCC+ CCC-
Telex Communications, Inc. sr. sub. notes CCC+ CCC-
WHX Corp. conv. pfd. stock C D
Vlasic Foods International Inc. sub. notes C D
  • 07 Jan 2001

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 82,367.33 238 12.89%
2 Bank of America Merrill Lynch 71,317.58 219 11.16%
3 Wells Fargo Securities 62,984.09 198 9.86%
4 JPMorgan 45,920.23 145 7.19%
5 Credit Suisse 37,235.50 114 5.83%