Carrefour Banque finds solid bid for rare credit card deal

Carrefour Banque’s debut credit card securitization will be priced on Friday morning after attracting a solid bid on the back of the borrower’s full week roadshow.

  • By Joseph McDevitt
  • 14 Nov 2013

Lead managers HSBC, Natixis and Société Générale tested investor appetite on Wednesday, putting out initial price thoughts of one month plus 65bp area for the €400m of triple-A rated ‘A2013-1’ senior notes on offer. The tranche has 1.58 year WAL and 27.92% credit enhancement.

By Thursday afternoon the ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

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%