ABCP Investors, Issuers Grow More Conservative

Asset-backed commercial paper investors and issuers alike have grown more conservative in reaction to the credit crunch that saw demand for the formerly liquid product dry up.

  • 05 Feb 2008

-- Olivia Thetgyi

Asset-backed commercial paper investors and issuers alike have grown more conservative in reaction to the credit crunch that saw demand for the formerly liquid product dry up. Increased scrutiny from senior management on both sides of the Street and lack of investor appetite spurred the changes, ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,115 8 18.68
2 Goldman Sachs 2,096 5 12.57
3 Morgan Stanley 1,965 5 11.78
4 BNP Paribas 1,685 5 10.10
5 Barclays 1,565 3 9.38

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 30,859.27 98 11.55%
2 JPMorgan 25,235.99 70 9.44%
3 Wells Fargo Securities 24,432.24 66 9.14%
4 Bank of America Merrill Lynch 23,023.30 73 8.61%
5 Barclays 16,351.18 54 6.12%