Lehman-Backed Cat Bond Defaults

The second of four catastrophe bonds that use a Lehman Brothers unit as total return swap counterparty has defaulted.

  • 14 May 2009
The second of four catastrophe bonds that use a Lehman Brothers unit as total return swap counterparty has defaulted. The two-year-old, USD100 million bond, issued by Ajax Re, and which protects against losses from California earthquakes, had failed to repay principal in full at maturity, and as a ...

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Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 11,525.35 30 7.25%
2 BNP Paribas 8,422.96 46 5.30%
3 UniCredit 8,389.55 43 5.28%
4 Deutsche Bank 8,298.69 30 5.22%
5 Commerzbank Group 7,837.68 40 4.93%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 4,425.28 19 11.23%
2 Goldman Sachs 4,006.06 15 10.16%
3 Citi 3,527.84 22 8.95%
4 JPMorgan 2,809.08 19 7.13%
5 UBS 2,241.39 12 5.69%