FFELP Paper Is Downgrade’s Biggest Loser

Student loan asset-backed securities made via the Federal Family Education Loan Program took the most direct hit of any ABS consumer asset class during last week’s market turmoil, according to Amy Sze, ABS strategist at JPMorgan.

  • 15 Aug 2011
Student loan asset-backed securities made via the Federal Family Education Loan Program took the most direct hit of any ABS consumer asset class during last week’s market turmoil, according to Amy Sze, ABS strategist at JPMorgan. Spreads on the three-year AAA-rated FFELP bonds widened 10 basis points, bringing ...

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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) 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

Bookrunners of Global Structured Finance

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%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%