A GS CMBS Benchmark Experiences Shortfalls, Says BarCap

Barclays Capital says a AA-rated Goldman Sachs commercial mortgage-backed securities pool, the benchmark GSMS 2007-GG10 transaction, has experienced shortfalls.

  • 28 Sep 2010
Barclays Capital says a AA-rated Goldman Sachs commercial mortgage-backed securities pool, the benchmark GSMS 2007-GG10 transaction, has experienced shortfalls. The shortfalls, which occur when fees and expenses related to the troubled loans lower the amount of interest available for the CMBS bonds, are blamed on a “non-recoverable” Holiday ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,237 10 19.12
2 Goldman Sachs 2,096 5 12.39
3 Morgan Stanley 1,965 5 11.61
4 BNP Paribas 1,686 6 9.96
5 Barclays 1,565 4 9.25

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 30,859.27 98 11.48%
2 JPMorgan 25,558.51 72 9.51%
3 Wells Fargo Securities 24,627.51 67 9.16%
4 Bank of America Merrill Lynch 23,023.30 73 8.56%
5 Barclays 16,546.45 55 6.16%