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 ...

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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

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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%
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5 Credit Suisse 16,754.47 44 5.28%