Takeover Talks Boost Mortgage Lender's Loan

Residential Capital's term loan "B" traded up last week on the news that Bank of America was in talks to buy rival mortgage provider Countrywide Financial.

  • 11 Jan 2008
Residential Capital's term loan "B" traded up last week on the news that Bank of America was in talks to buy rival mortgage provider Countrywide Financial. ResCap was trading around 83-85 at close on Thursday, compared to 78-80 the day before. One trader said such a deal could ...

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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 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.54%
2 Bank of America Merrill Lynch 66,433.81 187 9.43%
3 Wells Fargo Securities 57,637.40 170 8.18%
4 JPMorgan 53,570.42 158 7.61%
5 Credit Suisse 45,349.30 117 6.44%