Latest CMBS prices, as US buyers skew away from retail exposures

Bank of America Merrill Lynch, Wells Fargo and Morgan Stanley priced a $1bn CMBS conduit deal at the end of last week, as investors steer towards bank-originated assets and away from seasoned deals with higher levels of retail exposure.

  • By David Bell
  • 10 Apr 2017
Pricing of BANK 2017-BNK4’s $269.43m benchmark 10 year triple-A piece came in at 95bp over swaps, 3bp tighter than the previous deal from the shelf. The BBB- piece was priced at 375bp, wide of guidance at ...

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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) 6,778 8 22.97
2 Citi 5,854 5 19.84
3 Goldman Sachs 4,763 3 16.14
4 Societe Generale 1,506 3 5.10
5 Rabobank 1,413 2 4.79