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Managers Curtail Delphi Losses

The damage felt by CDO investors exposed to U.S. auto parts marker Delphi Corp. was lessened by managers who traded out the name from portfolios before it hit rock-bottom.

  • 04 Nov 2005
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The damage felt by CDO investors exposed to U.S. auto parts marker Delphi Corp. was lessened by managers who traded out the name from portfolios before it hit rock-bottom. "It had been taken out of many transactions and therefore had a limited impact," said Katrien Van Acoleyen, analyst at Standard & Poor's in London. Of the 700 CDO tranches with exposure to Delphi only 177 were downgraded by S&P.

  • 04 Nov 2005

Bond Comments

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
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For detailed analysis: Dealogic
  • Last updated
  • Today
1 JPMorgan 223,845.04 1008 8.25%
2 Citi 208,986.58 875 7.70%
3 Bank of America Merrill Lynch 172,744.49 728 6.37%
4 Barclays 162,671.16 665 6.00%
5 HSBC 134,855.94 732 4.97%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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1 BNP Paribas 27,431.07 110 7.88%
2 Credit Agricole CIB 25,676.63 105 7.38%
3 JPMorgan 21,834.93 53 6.28%
4 Bank of America Merrill Lynch 21,382.31 54 6.15%
5 SG Corporate & Investment Banking 16,639.52 78 4.78%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
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1 Morgan Stanley 7,483.87 37 9.66%
2 JPMorgan 7,363.27 46 9.51%
3 Goldman Sachs 6,842.44 35 8.84%
4 Citi 5,763.97 41 7.44%
5 UBS 4,691.07 23 6.06%