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 ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Global Green Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 07 Jun 2017
1 Citi 3,248.80 17 7.48%
2 Credit Agricole CIB 2,946.19 18 6.79%
3 SG Corporate & Investment Banking 2,607.33 7 6.01%
4 BNP Paribas 2,458.85 13 5.66%
5 HSBC 2,405.17 18 5.54%