ABS bankers hail West Brom UK RMBS re-opening

The first UK prime residential mortgage securitisation to emerge this year — West Bromwich Building Society’s Kenrick No 2 — was welcomed with open arms by London-based professionals this week, who predicted solid demand for the notes given the lack of paper in the market.

  • 17 May 2013

JP Morgan is sole lead manager and arranger on Kenrick No 2, which securitises a pool of prime owner-occupied mortgage loans originated to borrowers in the UK. The three year £380m class ‘A’ tranche was offered to investors in a roadshow this week.

The £40m 5.15-year class ‘B’ ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%