Irish government could claim Barclays synthetic CMBS

The issuer of the long-troubled synthetic CMBS Juno (Eclipse 2007–2) missed a deadline for submitting its 2017 financial statements and its annual return last Friday. This means it risks being struck off the register of Ireland’s companies and having its remaining assets transferred to the government.

  • By Tom Brown
  • 24 Jun 2019

Most of the notes in the CMBS have now either defaulted or paid down, but whatever remains of its assets could be claimed by the Irish government, as the deal failed to produce sufficient funds to pay auditors responsible for submitting the required documents.

The ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 4,486 16 13.62
2 Citi 4,347 16 13.20
3 Lloyds Bank 3,158 6 9.59
4 Morgan Stanley 3,066 8 9.31
5 Bank of America Merrill Lynch (BAML) 2,771 10 8.42

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 59,774.40 197 10.64%
2 JPMorgan 52,017.12 155 9.26%
3 Wells Fargo Securities 42,153.78 123 7.51%
4 Bank of America Merrill Lynch 41,657.82 137 7.42%
5 Credit Suisse 38,415.30 121 6.84%