Watermark
Go to Asia edition

Titan Europe CMBS LTV Breach Likely

A new valuation of the Titan Europe 2007-1 commercial mortgage-backed securitization ordered by servicer Capmark will likely see the Credit Suisse deal breach its loan-to-value covenant.

  • 13 Oct 2008

--Alex Sebastian

A new valuation of the Titan Europe 2007-1 commercial mortgage-backed securitization ordered by servicer Capmark will likely see the Credit Suisse deal breach its loan-to-value covenant. This is the latest European CMBS to fall foul of plummeting commercial property values. The new valuation will provide a more ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

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
View full table
1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 40,734.72 129 10.87%
2 JPMorgan 33,785.84 96 9.02%
3 Wells Fargo Securities 31,464.27 90 8.40%
4 Bank of America Merrill Lynch 29,270.38 93 7.81%
5 Credit Suisse 23,189.41 72 6.19%