Ally plans fixed-rate UK auto ABS amid more certain future

Ally Financial is planning to include a short dated fixed rate tranche in its new UK-backed auto ABS, E-CARAT. The deal comes a week after General Motors agreed a $4.2bn takeover of Ally Financial’s European, Latin American and Chinese business operations.

  • 29 Nov 2012

The takeover negotiations dictated the timing of the deal, though the favourable spread environment also helped convince the borrower to come to market, a lead on the deal said.

Ally Financial, formerly General Motors Acceptance Corporation (GMAC), has hired Lloyds, RBC and RBS as joint leads for the ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%