Obvion takes 2012 Storm issuance to over €6bn

Obvion has placed another €1.5bn of RMBS with investors through its Storm programme, bringing its total RMBS issuance this year to €6.3bn.

  • 03 Oct 2012

Leads Rabobank and JP Morgan priced Storm 2012-5 on Wednesday. The €1.5bn deal was entirely pre-placed and books were not opened to other investors. Leads sold the five year notes, with 6% credit enhancement, at a spread of 115bp over three month Euribor.

That offers around a 10bp ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

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

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%