NIBC praised for Sound as ‘A’ holders hang on to notes

All the class ‘A’ noteholders in NIBC’s Sound 1 RMBS have opted to hold on to their bonds, the bank said on Tuesday, in announcing the results of its tender offer. Analysts praised the bank for the way it carried out the exercise.

  • 02 Nov 2012
NIBC had offered to buy back bonds from all seven tranches of Sound 1 in the tender, which it launched at the beginning of October. The Dutch bank has bought back all the outstanding notes from classes ‘B’ down to ‘F’, along with 99.42% of the new class ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%