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 Bank of America Merrill Lynch (BAML) 1,284 2 30.09
2 Barclays 633 1 14.82
3 BNP Paribas 509 1 11.91
4 Citi 467 1 10.94
5 Morgan Stanley 455 1 10.66

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 10,064.23 34 12.48%
2 Barclays 7,915.37 23 9.82%
3 Bank of America Merrill Lynch 7,473.95 24 9.27%
4 JPMorgan 7,314.30 26 9.07%
5 Wells Fargo Securities 6,484.83 25 8.04%