... Looks At First Synthetic Arbitrage CDOs

  • 17 Jun 2002
Email a colleague
Request a PDF

WestLB is prepping its first two synthetic arbitrage CDOs, which it plans to begin marketing late this month or early next. The first of the two will be managed and the second will be static, according to Janet Tavakoli, executive director in credit derivatives in London. The deals are being driven by customer demand, she said.

The reason the managed deal will come first is that the hired manager will make fundamental decisions on the credits included in the transaction, whereas with the static CDO, WestLB needs to make decisions. Tavakoli would not divulge the size of the two deals or who the manager would be on the managed CDO.

  • 17 Jun 2002

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 329,208.56 1277 8.09%
2 JPMorgan 321,584.64 1392 7.90%
3 Bank of America Merrill Lynch 296,878.25 1014 7.29%
4 Barclays 249,463.73 926 6.13%
5 Goldman Sachs 218,838.41 733 5.38%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 46,136.68 182 7.00%
2 JPMorgan 44,545.29 93 6.76%
3 UniCredit 35,639.50 153 5.41%
4 Credit Agricole CIB 33,211.72 160 5.04%
5 SG Corporate & Investment Banking 32,419.80 126 4.92%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,755.50 61 8.94%
2 Goldman Sachs 13,469.15 66 8.76%
3 Citi 9,716.40 55 6.32%
4 Morgan Stanley 8,471.86 53 5.51%
5 UBS 8,248.12 34 5.36%