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Securitization

Solar ABS Gets Recharged

An asset-backed securities deal from issuer SolarCity is inching closer, as expiring tax incentives and economics make this a good time for solar companies to turn to securitization, according to Michael Mittleman, director of project finance for SolarCity.

  • 23 Sep 2011

An asset-backed securities deal from issuer SolarCity is inching closer, as expiring tax incentives and economics make this a good time for solar companies to turn to securitization, according to Michael Mittleman, director of project finance for SolarCity.

A solar panel lease-backed ABS deal from SolarCity has been ...

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CLO

IssuerArrangerSize ($M)
BlueMountain Capital Management, BlueMountain CLO 2014-3Citi612.05
Silvermine Capital Management, ECP 2014-6Citi879.10
CIFC Asset Management LLC, CIFC 2014-IVMorgan Stanley626.50

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Aug 2014
1 JPMorgan 42,108.46 103 10.17%
2 Citi 40,210.36 102 9.71%
3 Bank of America Merrill Lynch 37,538.67 105 9.07%
4 Barclays 35,515.53 88 8.58%
5 Credit Suisse 32,262.18 83 7.79%

Financing Record (MBS)

IssuerPriceTotal Amount ($ Millions)
VOLT 2014-NPL599.84123.80
VOLT 2014-NPL598.0624.30
TCMLT 2014-NPL198.4535.50

Priced Deals

IssuerMaturitySize
Deutsche Bank15-Apr-19700
Credit Suisse29-Nov-19500
Virgin Money Holdings160

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Aug 2014
1 JPMorgan 4,076.46 11 9.39%
2 Deutsche Bank 3,489.39 10 8.04%
3 Bank of America Merrill Lynch 2,737.00 7 6.30%
4 RBS 2,666.67 6 6.14%
5 Barclays 2,655.81 8 6.12%