S&P Adds 10 CDOs To Negative Watch List

Standard & Poor’s today placed on watch for possible downgrade 33 tranches of 10 cash and hybrid collateralized debt obligations because of their exposure to downgraded subprime residential mortgage-backed securities.

  • 31 Jul 2007

--Aaron Johnson

Standard & Poor’s today placed on watch for possible downgrade 33 tranches of 10 cash and hybrid collateralized debt obligations because of their exposure to downgraded subprime residential mortgage-backed securities. The CDO tranches on watch are valued at approximately $1.03 billion.

This month S&P downgraded a total ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,734.72 129 10.95%
2 JPMorgan 33,625.25 95 9.04%
3 Wells Fargo Securities 31,464.27 90 8.46%
4 Bank of America Merrill Lynch 28,936.60 91 7.78%
5 Credit Suisse 23,189.41 72 6.23%