Goldman Sachs is in the equity marketing stage for New York Life Investment Management's latest collateralized loan obligation, Flatiron II. A source noted that the vehicle will likely be in the $300-350 million range and will price in the fall. He said reverse inquiry from investors in existing NYLIM deals is a factor in the timing. Bear Stearns Asset Management is also said to be marketing its latest deal, the $300 million Grayston CLO II. Officials at Bear Stearns and New York Life declined to comment.
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|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|1||Bank of America Merrill Lynch (BAML)||7,026||25||11.95|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|2||Bank of America Merrill Lynch||99,769.11||286||10.85%|
|3||Wells Fargo Securities||87,449.35||261||9.51%|