Seaport Entertains At Frederick's

Investors have complained in 2004 that the distressed debt market is getting crowded.

  • 10 Dec 2004
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* Investors have complained in 2004 that the distressed debt market is getting crowded. This appears to be true based on The Seaport Group's end-of-year bash held at upscale New York-bar Frederick's, renowned for its fingerprint-accessed member's only room and suave bar staff. A mix of hedge funds, banks and traders soaked up the champagne and Asian tapas before heading to various after-parties.

 

* What deficit? A campaign fund controlled by senate majority leader Bill Frist (R-Tenn.) cannot cover its credit line due to $460,000 in stock market losses. In August of 2001, Frist 2000 took out a variable interest rate loan of $360,000 from the Nashville office of U.S. Bank.

 

  • 10 Dec 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 132,387.73 545 8.30%
2 Citi 123,981.47 487 7.78%
3 Bank of America Merrill Lynch 105,093.26 413 6.59%
4 Barclays 99,545.40 383 6.24%
5 HSBC 81,053.20 424 5.08%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 11,525.35 30 7.25%
2 BNP Paribas 8,422.96 46 5.30%
3 UniCredit 8,389.55 43 5.28%
4 Deutsche Bank 8,298.69 30 5.22%
5 Commerzbank Group 7,837.68 40 4.93%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 4,425.28 19 11.23%
2 Goldman Sachs 4,006.06 15 10.17%
3 Citi 3,527.84 22 8.95%
4 JPMorgan 2,809.08 19 7.13%
5 UBS 2,241.39 12 5.69%