Alba sells a Italian lease securitisation across nation

Milan-based Alba Leasing has priced a €680m transaction, known as Alba 5 SPV Srl, which securitised a novel portfolio of diverse lease receivables backed by equipment, vehicles, real estate and transport assets.

  • 24 May 2013

The senior €450m class ‘A’ tranche, rated A2 and A by Moody’s Investors Service and Standard & Poor’s, respectively, priced at three month Euribor plus 150bp late last week. The unrated €230m class ‘B’ tranche was not sold. The deal was arranged by Banca IMI.

Alba — a unit ...

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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%