Investors queue up for Paragon double- and single-A bonds

Lead managers on Paragon 17, the UK buy-to-let RMBS, say there are a host of investors interested in buying the deal’s class ‘B’ and ‘C’ tranches and expect them both to be fully placed.

  • 12 Oct 2012

The £200m deal comprises a £175m triple-A tranche, a £10.5m double-A ‘B’ tranche, a £10m single-A ‘C’ tranche, a £4.5m unrated tranche and a £6m first loss reserve fund.

Paragon will retain the unrated £4.5m junior tranche. With that, the deal complies with Article 122a in the Capital ...

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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%