Chile’s Covered-Bond Framework Weak, Says Fitch

Chile’s dedicated framework for covered bonds is weak compared with those of other countries, as it “offers less protection to investors used to other frameworks,” according to Fitch Ratings.

  • 26 Aug 2013

Chile’s dedicated framework for covered bonds is weak compared with those of other countries, as it “offers less protection to investors used to other frameworks,” according to Fitch Ratings. Fitch says the Chilean bonds “rank poorly in terms of discontinuity risk and overall recovery potential.”

Click here ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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%