SIV Lites Feel CP Squeeze

A number of structured investment vehicle-Lites are set to wind down due to funding difficulties.

  • 22 Aug 2007
Hugh LeaskA number of structured investment vehicle-Lites are set to wind down due to funding difficulties. Several SIV-Lites—Sachsen Funding I, Cairn High Grade Fund, Mainsail II, Golden Key and Duke High Grade II—were yesterday downgraded or placed on credit watch negative by Standard & Poor’s.SIV-Lites are very similar ...

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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 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 95,041.28 268 11.13%
2 Bank of America Merrill Lynch 79,274.93 221 9.29%
3 Wells Fargo Securities 69,765.48 197 8.17%
4 JPMorgan 69,438.13 198 8.13%
5 Credit Suisse 57,820.17 147 6.77%