Large legacy holder said to be behind BWIC surge

A large legacy holder of European structured finance assets may be behind a surge in bids-wanted-in-competition lists that have emerged this week.

  • By Joseph McDevitt
  • 11 Oct 2013

The lists, which are said to be fairly chunky at between €10m-€15m, are said to mostly comprise around 20 lines of diverse assets — including second pay collateralized loan obligations, mezzanine asset-backed securities, and some commercial and residential mortgage-backed securities.

Details are fairly sketchy, but market participants said ...

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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%