Awards and Recognition

Lehman Brothers Named "Credit Derivatives House of the Year"; Awarded "Deal of the Year": Start II Collateralized Loan Obligation

Oct 2006
Asia Risk’s "Awards 2006"* recognized Lehman Brothers as a global market leader in credit derivatives, highlighting our dedication to providing clients with highly innovative and customized structured solutions.

Following are excerpts from the publication’s October 2006 editions, in which the Firm was named "Credit Derivatives House of the Year" and the Start II Collateralized Loan Obligation,** which was co-arranged and joint lead managed by Lehman Brothers, was named "Deal of the Year:"

Credit Derivatives House of the Year – Asia Risk "Awards 2006"

  • Lehman Brothers "is widely praised by clients as a leader in terms of innovation."
  • "Indeed, all the institutional clients Asia Risk spoke to rank Lehman highly for its quality of service, efficient execution and pricing capacity."
  • The Firm "was also praised by clients for consistently being one of the first in the market to offer exotic products.”

Deal of the Year: Start II Collateralized Loan Obligation – Asia Risk "Awards 2006"

  • The $1.6 billion Start II Collateralized Loan Obligation “has received abundant praise for its unique exposure to Asian corporate risk; its efficient structure …; and the strong execution, which generated significant demand from investors globally across the entire capital structure."

Asia Risk "Awards 2006" relate to the period between July 2005 and July 2006.
**  Start II Collateralized Loan Obligation is a synthetic securitization of Standard Chartered Bank’s wholesale banking loan portfolio co-arranged by Standard Chartered and Lehman Brothers.