Ally markets as subprime auto issuance slows

Ally Financial is marketing its fourth subprime auto securitization of the year, against a backdrop of shrinking originations and increasing annual net losses in the subprime auto sector.

  • By Sasha Padbidri
  • 08 Aug 2017

The company filed documents with the US Securities and Exchange Commission on Tuesday for the deal, which will be the fourth deal from the ALLYA shelf.


Subprime auto ABS, which dealt with concerns over declining vehicle prices and growing borrower delinquencies in the first half of the year, ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Aug 2017
1 Citi 73,217.70 205 13.50%
2 Bank of America Merrill Lynch 64,298.92 202 11.86%
3 Wells Fargo Securities 54,013.21 172 9.96%
4 JPMorgan 40,335.50 139 7.44%
5 Credit Suisse 30,239.23 97 5.58%