S&P Downgrades $5.56 Bln In Alt-A-Backed RMBS

Standard & Poor’s has lowered the rating on $5.56 billion of residential mortgage-backed securities backed by Alt-A mortgages vintages 2005 to 2007.

  • 12 Oct 2009
Standard & Poor’s has lowered the rating on $5.56 billion of residential mortgage-backed securities backed by Alt-A mortgages vintages 2005 to 2007. In the latest round of downgrades, S&P cut the ratings on 390 classes from 27 RMBS deals, with 13 of the classes lowered to default. 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 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 1,505.59 4 13.16%
2 SG Corporate & Investment Banking 1,292.64 1 11.30%
2 Rabobank 1,292.64 1 11.30%
4 Wells Fargo Securities 942.61 3 8.24%
5 Mizuho 875.48 2 7.65%