UK non-conforming RMBS returns

Natixis has successfully priced the year’s first new issue non-conforming RMBS, Virgil Mortgage No1. The deal coincides with a strong bid for this type of paper in the secondary market, but ABS specialists do not expect a flurry of new legacy RMBS deals to follow.

  • 17 Apr 2013
Arranger and lead manager Natixis priced the two tranche transaction on Wednesday morning in line with indicative pricing put out earlier this week. The £70.7m class ‘A’ tranche, rated AA by Standard & Poor’s, benefits from 45% credit enhancement and was priced at 225bp over three month Libor. ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

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%