TALF Hopefuls Go Credit-Rating Shopping?

Issuers hoping to be eligible for the Federal Reserve’s Term Asset-backed Securities Loan Facility have been shopping around to obtain the best ratings for their securities, Moody’s Corp. claims.

  • 05 Jun 2009
Issuers hoping to be eligible for the Federal Reserve’s Term Asset-backed Securities Loan Facility have been shopping around to obtain the best ratings for their securities, Moody’s Corp. claims. To be eligible for TALF, a security must have a AAA rating from two agencies, but the standards for ...

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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 13,091.24 36 12.97%
2 Wells Fargo Securities 9,312.78 29 9.23%
3 JPMorgan 9,090.89 29 9.01%
4 Bank of America Merrill Lynch 8,898.12 26 8.82%
5 Credit Suisse 4,676.43 10 4.63%