Weekly Trade Round Up

Harrah’s Entertainment has drawn down the remaining $740 million of its $2 billion revolver, prompting speculation a bankruptcy filing isn’t far off; Automaker debt was relatively unchanged early Wednesday morning after General Motors Corp. and Chrysler Automotive pleas for more federal money Tuesday evening when they unveiled their reorganization plans; and Consulting company BearingPoint has filed for Chapter 11 bankruptcy protection after reaching a restructuring agreement with senior secured lenders.

  • 18 Feb 2009

Harrah’s Drawdown Prompts Filing Chatter

Harrah’s Entertainment hasdrawn down the remaining $740 million of its $2 billion revolver, prompting speculation a bankruptcy filing isn’t far off. The casino operator’s term loan traded as low as 54 1/2-55 1/2 on the news before rebounding to 55-56 Tuesday evening, only ...

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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 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,261.12 337 11.09%
2 Bank of America Merrill Lynch 94,721.79 272 8.96%
3 JPMorgan 92,612.23 269 8.76%
4 Wells Fargo Securities 82,597.19 239 7.81%
5 Credit Suisse 69,442.99 183 6.57%