Delta Bonds Climb On Pension Progress

Delta Air Lines bonds climbed a couple of points last week as the company made progress on terminating its pilot pension plans.

  • 08 Sep 2006
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Delta Air Lines bonds climbed a couple of points last week as the company made progress on terminating its pilot pension plans. Delta's '29 notes climbed two to three points to 26 1/2 after the judge overseeing its Chapter 11 restructuring granted approval to terminate its pilot defined benefit pension plan. Delta must now gain approval from the Pension Benefit Guaranty Corp., although the PBGC has objected to the termination, according to a Delta spokeswoman. The company is now in talks with the organization to obtain its approval.

  • 08 Sep 2006

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 13,823 26 18.14
2 Bank of America Merrill Lynch (BAML) 8,207 26 10.77
3 Lloyds Bank 7,202 22 9.45
4 Citi 6,256 16 8.21
5 JP Morgan 5,220 8 6.85

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 105,474.10 301 10.96%
2 Bank of America Merrill Lynch 86,762.28 250 9.02%
3 JPMorgan 81,465.60 238 8.47%
4 Wells Fargo Securities 77,934.65 225 8.10%
5 Credit Suisse 63,570.21 165 6.61%