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 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78