El Corte Ingles places Spanish consumer loan securitization

In an encouraging sign for peripheral borrowers, the consumer finance arm of Spanish company El Corte Ingles has successfully placed €600m of bonds backed by a portfolio of in-store consumer loans.

  • By Joseph McDevitt
  • 07 Nov 2013

Secucor Finance 2013-1 is a debut securitization for El Corte Ingles, which owns large department stores across Spain under various brands.

The finance arm of El Corte Ingles offers four types of in-store credit for customers, all of which are eligible for Secucor’s pool. These are: FSC ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%