GE Money Bank preparing sophomore lease ABS

GE Money Bank AG is revving up its second securitisation, Swiss Auto Lease 2013-1 GmbH, following its market debut in the spring of 2012. Credit Suisse is sole arranger and lead manager on the deal.

  • 10 Jun 2013

The deal securitises both the payment streams from auto leases made by GE Money to mostly private customers in Switzerland, as well as the residual value of cashflows from auto dealers. The lease contracts, which total about Sfr329m ($351.2m), finance about 58% new cars and 42% used cars.

GE ...

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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%