SocGen equipment loan ABS finds broad distribution

Investor interest in Société Générale’s Red & Black TME Germany was undimmed during pricing on Wednesday, even at a final spread that came close to top tier auto ABS despite being a new asset class — equipment loans — and a new issuer.

  • 06 Feb 2013

Leads Credit Suisse and Société Générale priced the deal at 50bp over one month Euribor for the one year €513m class ‘A’ notes.

“The pricing is pretty phenomenal for this type of collateral,” said one banker on the deal. “It’s an inaugural issuer and inaugural asset class, and ...

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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%