Santander opens books for German auto ABS

Santander Consumer Bank AG opened books for its SC Germany 2013-2 car loan securitization on Wednesday morning, with price thoughts on the senior tranche notably wider than on other recent German auto issues.

  • By Joseph McDevitt
  • 10 Jul 2013

The €549m 1.68-year average life class ‘A’ notes have initial price thoughts in the low 50s over one month Euribor. The 4.04 year ‘B’ tranche, of €51m, will be retained by the issuer.

Santander, HSBC, Natixis and UniCredit are joint lead managers. Santander is sole arranger. The deal ...

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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%