Bankruptcy Filing Pushes Comdisco, Pillowtex Finally Moves

  • 18 Jul 2001
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Dealers reported ComDisco bank debt traded at 79.50-80 shortly after the company announced it had filed for bankruptcy early in the week. Pillowtex Corp. paper, after failing to trade in an auction last week, traded on Friday at 35. Approximately $36 million was swapped. Finova paper was flipped this morning at 92.375 from 92 in a $5 million trade.

In par news, Nextel Communications "B/C" paper traded in the 93-93 1/4 range. The "D" paper is trading at 91. Sinclair Broadcasting bank debt is trading at 100.625.

  • 18 Jul 2001

GlobalCapital European securitization league table

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
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 120,126.76 346 12.85%
2 Bank of America Merrill Lynch 99,988.41 288 10.70%
3 Wells Fargo Securities 88,516.28 265 9.47%
4 JPMorgan 69,113.88 208 7.39%
5 Credit Suisse 51,313.00 155 5.49%