BNPP’s wait pays off as new money comes into Autonoria

The strategy of leads on BNP Paribas Personal Finance’s new auto ABS to give investors extra time to do credit work has paid off, with the deal coming 30bp inside the first Autonoria transaction earlier this year.

  • 13 Nov 2012

The leads finished a three day roadshow on November 7 with €550m of indications of interest. But they waited until Monday to launch, to allow new accounts to complete their credit work and get Autonoria lines in place.

“There were some investors new to the auto class that needed ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

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

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%