VW takes French ABS by storm, Aussie debut next

Volkswagen will continue its global expansion of auto ABS platforms with a debut deal in Australia later this year, after pricing its Driver France debut securitization comfortably inside French originators.

  • By Joseph McDevitt
  • 05 Sep 2013
Lead managers Barclays, BNP Paribas and VW Financial Services priced the two tranche Driver France FCT Compartiment 2013-1 on Thursday. The €465m of 1.37 year triple-A rated class 'As' were printed at 35bp over one month Libor, and the €16.2m of 1.77 year A1/A+/A(high) rated class 'Bs' were ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%