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, ...

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 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 91,105.19 257 10.97%
2 Bank of America Merrill Lynch 78,286.59 217 9.43%
3 JPMorgan 68,975.82 196 8.31%
4 Wells Fargo Securities 67,736.13 189 8.16%
5 Credit Suisse 55,269.48 140 6.66%