SCB Barters With Note Holders To Save SIV

Standard Chartered Bank will lend $7.15 billion to its structured investment vehicle to provide liquidity support, according to bank.

  • 31 Jan 2008

­­--Cristina Pittelli

Standard CharteredBank will lend $7.15 billion to its structured investment vehicle to provide liquidity support, according to the bank. SCB will agree to buy the commercial paper issued by it’s Whistlejacket SIV on the understanding that a pre-agreed enforcement trigger will not be pursued by investors ...

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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 5,997 17 15.40
2 Citi 4,679 16 12.02
3 Lloyds Bank 3,158 6 8.11
4 Bank of America Merrill Lynch (BAML) 3,104 10 7.97
5 Morgan Stanley 3,066 8 7.88

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 69,310.90 231 10.40%
2 JPMorgan 64,579.62 197 9.69%
3 Wells Fargo Securities 51,322.59 157 7.70%
4 Bank of America Merrill Lynch 50,413.91 166 7.56%
5 Credit Suisse 47,114.03 149 7.07%