U.S. Distressed Debt Market Shrinking

The U.S. distressed debt market is shrinking as investor demand has boosted price for even the worst securities.

  • 16 Dec 2009
The U.S. distressed debt market is shrinking as investor demand has boosted price for even the worst securities. According to data from JPMorgan Chase, distressed debt’s percentage of the high-yield market has plunged from 27.5% a year ago to just 1.1%. Prices for the riskiest debt have made ...

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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 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 92,032.58 259 11.01%
2 Bank of America Merrill Lynch 79,057.17 220 9.45%
3 JPMorgan 69,156.83 197 8.27%
4 Wells Fargo Securities 68,746.03 193 8.22%
5 Credit Suisse 55,529.51 142 6.64%