Morgan Stanley To Convert CDOs To AAA Bonds

Morgan Stanley is said to be planning on taking downgraded collateralized debt obligations backed by leveraged loans and turning them into top-rated securities.

  • 09 Jul 2009
Morgan Stanley is said to be planning on taking downgraded collateralized debt obligations backed by leveraged loans and turning them into top-rated securities. Sources said the investment bank is looking to sell $87.1 million of repackaged securities that it hopes will earn a AAA rating, with another $42.9 ...

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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 33,499.81 106 11.84%
2 JPMorgan 26,026.16 75 9.20%
3 Wells Fargo Securities 25,325.15 70 8.95%
4 Bank of America Merrill Lynch 23,157.33 74 8.18%
5 Barclays 17,494.57 59 6.18%