CréditAg's $3bn capital deal starts green ABS race

The revival of banks using securitization to free up regulatory capital could open new possibilities for accelerating the financing of a greener economy, as a ground-breaking deal demonstrated this week, write Jon Hay and David Bell.

  • By David Bell, Jon Hay
  • 09 Mar 2017
Crédit Agricole has concluded a deal with Mariner Investment Group, a New York hedge fund, in which it will free up about 75% of the capital it holds against a $3bn portfolio of 200 infrastructure and project finance loans. A Mariner fund guarantees the roughly 5% first loss ...

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Global Green Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 5,947.80 39 6.56%
2 Credit Agricole CIB 5,749.11 37 6.34%
3 JPMorgan 4,997.57 34 5.51%
4 Citi 4,754.93 22 5.25%
5 Bank of America Merrill Lynch 4,504.45 27 4.97%