Fund managers propel Ally Financial’s fixed rate auto ABS

Real money interest in Ally Financial’s fixed rate UK auto ABS, E-CARAT, has outstripped that of the bank treasuries which have been the backstop for recent floating rate deals.

  • 10 Dec 2012

Ally Financial, formerly General Motors Acceptance Corporation, decided on Thursday last week to proceed with the deal in fixed rate format.

Leads Lloyds, RBC and Royal Bank of Scotland began taking indications of interest at initial price thoughts of 100bp area over the 2.75% Jan 20156 Gilt. They ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Bank of America Merrill Lynch 57,210.26 177 12.39%
2 Citi 56,957.04 171 12.34%
3 Wells Fargo Securities 47,551.45 149 10.30%
4 JPMorgan 32,965.91 111 7.14%
5 Credit Suisse 23,990.96 75 5.20%