Babson Market Value CDO Set For Early Liquidation

A Babson Capital market-value collateralized debt obligation, Enhanced Mortgage-Backed Securities Fund IV, has hit an event of early liquidation.

  • 06 Aug 2008

--Leela Parker

A Babson Capital market-value collateralized debt obligation, Enhanced Mortgage-Backed Securities Fund IV, has hit an event of early liquidation. Three classes of notes from the CDO were also downgraded yesterday by Moody’s Investors Service.

The classes that were affected are the class A-1 senior notes, class A-2 senior ...

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 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 801.51 2 13.30%
2 Citi 783.55 4 13.01%
3 Wells Fargo Securities 606.78 3 10.07%
4 Credit Suisse 534.82 2 8.88%
5 SG Corporate & Investment Banking 497.64 2 8.26%