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
  • 12 Apr 2017
1 Credit Agricole CIB 2,467.37 13 9.09%
2 BNP Paribas 2,172.42 9 8.01%
3 Natixis 2,009.73 7 7.41%
4 Barclays 1,890.11 6 6.97%
5 Citi 1,780.57 11 6.56%