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 15,256 32 17.31
2 Bank of America Merrill Lynch (BAML) 9,637 29 10.93
3 Citi 8,264 22 9.37
4 Lloyds Bank 7,329 24 8.31
5 JP Morgan 6,580 10 7.46

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 129,591.43 378 11.20%
2 Bank of America Merrill Lynch 103,666.05 302 8.96%
3 JPMorgan 101,741.96 296 8.79%
4 Wells Fargo Securities 91,373.90 263 7.89%
5 Credit Suisse 76,186.18 204 6.58%