Rating Game (April 19-25)

  • 28 Apr 2002
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DowngradesFromTo
Hawk Corp. Sr. Unscd. Ba3 B2
Nevada Power Co. Sr. Scd. Baa3 Ba2
Nevada Power Co. Sr. Unscd. Ba1 Ba2
Sierra Pacific Power Co. Sr. Scd. Baa3 Ba2
Sierra Pacific Power Co. Sr. Scd. MTN Baa3 Ba2
Sierra Pacific Resources Sr. Unscd. Ba2 B2
Teleglobe Inc. Sr. Unscd. B3 C
Hudson Respiratory Care Sr. Sub. B3 Ca
ENEL Investment Holding B.V. Backed Sr. Unscd. Aa3 A1
ENEL Investment Holding B.V. Backed Sr. Unscd. MTN Aa3 A1
ENEL s.p.a Sr. Unscd. Aa3 A1
ENEL s.p.a Sr. Unscd. MTN Aa3 A1
Intermedia Communications Inc. Sr. Unscd. Baa2 Ba1
Intermedia Communications Inc. Sub. Baa3 Ba2
MCI Communications Corp. Sr. Unscd. A3 Baa2
MCI Communications Corp. Sr. Unscd. MTN A3 Baa2
MCI Communications Corp. Sub. MTN Baa1 Baa3
WorldCom Inc. Sr. Unscd. A3 Baa2
7-Eleven Inc. Sr. Sub. Baa3 Ba1
7-Eleven Inc. Sub. Baa3 Ba1
Bristol-Myers Squibb Co. Sr. Unscd. Aaa Aa2
Hubbell Inc. Sr. Unscd. A1 A3
Cummins Sr. Unscd. Baa3 Ba1
Cummins Sr. Unscd. MTN Baa3 Ba1
Key3Media Group Backed Sr. Sub. B3 Caa3
Advanstar Communications Sr. Sub. B3 Caa1
Excel Realty Trust Inc. Backed Sr. Unscd. Baa1 Baa2
New Plan Excel Realty Trust Inc. Backed Sr. Unscd. Baa1 Baa2
New Plan Excel Realty Trust Inc. Backed Sr. Unscd. MTN Baa1 Baa2
New Plan Realty Trust Backed Sr. Unscd. Baa1 Baa2
New Plan Realty Trust Backed Sr. Unscd. MTN Baa1 Baa2
KPNQuest N.V. Sr. Unscd. Caa3 Ca
Semiconductor Components Industries LLC Backed Sr. Sub. B3 Caa1
Telefonica de Argentina S.A. Sr. Unscd. B2 Caa1
Telefonica de Argentina S.A. Sr. Unscd. MTN B2 Caa1
Cooper Industries Finance B.V. Backed Sr. Unscd. A2 A3
Cooper Industries Sr. Unscd. A2 A3
Cooper Industries Sr. Unscd. MTN A2 A3
Knowles Electronics Sr. Sub. B3 Caa2
Pacific & Atlantic Holding Inc. Sr. Scd. Caa2 C
SEMCO Energy Sr. Unscd. Baa2 Baa3
SEMCO Energy Sr. Unscd. MTN Baa2 Baa3
SEMCO Energy Sub. Baa3 Ba1
Upgrades
Overlease S.A. Backed Sr. Unscd. MTN Baa2 Baa1
RCI Banque Sr. Unscd. Baa2 Baa1
RCI Banque Sr. Unscd. MTN Baa2 Baa1
Renault Autofin S.A. Backed Sr. Unscd. MTN Baa2 Baa1
Chelenham & Gloucester plc Sr. Unscd. MTN Aa1 Aaa
Chelenham & Gloucester plc Sub. Aa2 Aa1
Chelenham & Gloucester plc Sub. MTN Aa2 Aa1
Chelenham & Gloucester plc Jr. Sub. Aa2 Aa1
Remy Cointreau S.A. Sr. Scd. Ba3 Ba2
FITCH
Downgrades
Western Resources Sr. Unscd. BB BB-
Qwest Communications Intl. Inc. Sr. Unscd. BBB BBB-
Qwest Capital Funding Inc. Sr. Unscd. BBB BBB-
LCI Intl. Sr. Unscd. BBB BBB-
Qwest Corp. Sr. Unscd. BBB+ BBB
Worldcom Inc. Sr. Unscd. BBB+ BBB-
Intermedia Communications Sr. Unscd. BBB BB+
Upgrades
Conoco Canada Resources Ltd. Sr. Unscd. BBB BBB+


  • 28 Apr 2002

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 80,818.31 235 11.57%
2 Bank of America Merrill Lynch 66,338.04 186 9.50%
3 Wells Fargo Securities 56,344.19 164 8.07%
4 JPMorgan 53,381.65 156 7.64%
5 Credit Suisse 44,872.46 115 6.43%