Second credit event hits LevX with British Vita

Market makers have voted to hold a credit event auction for the LCDS of chemicals group British Vita — the second in the history of the LevX and the second within a week.

  • 13 Jan 2009

Markit, the owner of the LevX, has set February 10 as the auction date.

Sanitec, the Finnish marker of bathroom fittings owned by EQT Partners, last week became the first company in the LevX index to trigger a credit event — though it hasn’t defaulted. Market makers also ...

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 BNP Paribas 9,725 17 21.27
2 JP Morgan 4,494 5 9.83
3 Citi 4,296 9 9.40
4 Bank of America Merrill Lynch (BAML) 3,067 11 6.71
5 Lloyds Bank 2,346 10 5.13

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 57,366.84 164 11.60%
2 Bank of America Merrill Lynch 52,729.86 138 10.66%
3 JPMorgan 39,180.32 110 7.92%
4 Wells Fargo Securities 38,199.10 112 7.73%
5 Credit Suisse 30,637.75 72 6.20%