Canadian ABCP Rescue Plan Set For December

  • 02 Nov 2007
Email a colleague
Request a PDF

A rescue plan for the Canadian asset-backed commercial paper market should be ready for investor review by Dec. 14, according to the chairman of the planning committee, reports the Edmonton Journal. “We've got, on the whole, good paper, and barring a meltdown throughout the world ... we can do this,” said Purdy Crawford. “[The restructuring will be completed] long before they get a solution in the U.S.” The U.S. Treasury Department is working with a number of major banks on a plan that many market participants hope will increase liquidity in the American short-term credit market.

Click here to read the Edmonton Journal story on Canada.com

  • 02 Nov 2007

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,237 10 19.12
2 Goldman Sachs 2,096 5 12.39
3 Morgan Stanley 1,965 5 11.61
4 BNP Paribas 1,686 6 9.96
5 Barclays 1,565 4 9.25

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 32,618.79 103 11.88%
2 JPMorgan 25,662.81 73 9.35%
3 Wells Fargo Securities 24,627.51 67 8.97%
4 Bank of America Merrill Lynch 23,023.30 73 8.39%
5 Barclays 17,051.25 56 6.21%