Voters: Dubai crisis doesn’t taint Middle East loan mart

Only 12% of voters in EuroWeek’s latest loans poll thought Dubai’s debt crisis would scare banks off the Middle East for years. Almost a third said pay-to-play would still rule and that banks would continue lending just to win a toehold in the region.

  • 06 Jan 2010
These views seem to be supported by most capital market investors. Qatar’s five year CDS trades at 87bp, 5bp tighter than it did before November 25, when Dubai said it would ask for a standstill on debt owed by Dubai World. Abu Dhabi’s CDS, after rising from 100bp ...

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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 15,256 32 16.83
2 Bank of America Merrill Lynch (BAML) 10,179 30 11.23
3 Citi 9,751 23 10.76
4 Lloyds Bank 7,329 24 8.09
5 JP Morgan 6,580 10 7.26

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 RBC Capital Markets 251.51 1 25.00%
1 MUFG 251.51 1 25.00%
1 Credit Agricole CIB 251.51 1 25.00%
1 Bank of America Merrill Lynch 251.51 1 25.00%
Subtotal 1,006.02 1 100.00%