Less Severe CLO Rating Tweak Forecast

Standard & Poor’s has overhauled the way it rates European small-to-medium enterprise collateralized loan obligations, but most ratings on existing notes will not face as severe an impact as earlier forecasted following the changes, analysts said Friday.

  • 11 Jan 2013

Standard & Poor’s has overhauled the way it rates European small-to-medium enterprise collateralized loan obligations, but most ratings on existing notes will not face as severe an impact as earlier forecasted following the changes, analysts said Friday.

The revised methodology—which now lends greater consideration to, among other things, the ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 80,818.31 235 11.64%
2 Bank of America Merrill Lynch 65,088.22 185 9.37%
3 Wells Fargo Securities 56,145.09 163 8.08%
4 JPMorgan 53,381.65 156 7.69%
5 Credit Suisse 44,872.46 115 6.46%