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 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%