Phedina Dutch RMBS bucks market softness

BNP Paribas Personal Finance beat out deteriorating conditions to price its €1bn Phedina Hypotheken 2013-1 Dutch residential mortgage-backed deal in line with earlier guidance. Widespread softening has caused other new issue paper to print wider than anticipated this week.

  • By Joseph McDevitt
  • 13 Jun 2013
The 1.92 year €175m class ‘A1’ tranche, assigned triple-A equivalent ratings by Fitch Ratings and Standard & Poor’s, was priced at three month Euribor plus 30bp and was mostly retained. The longer 4.96 year €765m 'A2s', also rated triple-A, was printed at 85bp above the same benchmark, in ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%