Dutch arm of CredAg Consumer Finance sells consumer loan ABS

Crédit Agricole Consumer Finance Nederland has privately placed a rare securitization of Dutch consumer finance loans.

  • By Joseph McDevitt
  • 29 Jan 2014

The transaction, Kigoi 2013, offered investors €533.1m of A1/A+ rated (Moody’s/S&P) ‘A’ notes, with 22.6% credit enhancement and 2.41 year weighted average life. Most of the credit enhancement comes from a €155.7m subordinated loan.

The notes were priced at par at a spread of 200bp over one ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

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%