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 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Citi 117,261.12 337 11.07%
2 Bank of America Merrill Lynch 94,721.79 272 8.94%
3 JPMorgan 92,612.23 269 8.74%
4 Wells Fargo Securities 82,597.19 239 7.80%
5 Credit Suisse 69,442.99 183 6.55%