VW stays busy with new VCL lease ABS

Volkswagen is looking to sell a new deal from its VCL German lease securitisation shelf next week. VCL 17 comes only a few weeks after it priced its tightest post-crisis German auto loan ABS, Driver 10, and another tight print is expected.

  • 13 Feb 2013

The €750m transaction will offer investors €697.5m of class ‘A’ notes, with 1.29 year weighted average life and 8.2% credit enhancement, and €21m of single-A rated ‘B’ notes, with 1.88 year WAL and 5.4% credit enhancement.

Volkswagen has set aside Monday to Wednesday next week to speak with ...

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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) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

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%