FirstRand out with IPTs for Turbo Finance

Leads on FirstRand Bank’s latest Turbo Finance UK auto loan securitization started taking indications of interest on Thursday morning, a day after the bank rounded off a three day UK roadshow.

  • By Joseph McDevitt
  • 07 Nov 2013

Bank of America Merrill Lynch and HSBC put out price thoughts of one month Libor plus 60bp-65bp for the £328.9m triple-A rated ‘A’ tranche and the same benchmark plus 115bp-120bp for the £33.6m A1/A+ rated (Moody’s/Fitch) ‘B’ tranche.

Leads were not certain whether pricing would finish on ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

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%