Santander Consumer UK’s auto deal opens the door to 144A

The sheer scale of demand shown by US investors for Santander Consumer UK’s Motor 2012-1 auto ABS will alert other European borrowers to the 144A format — though those with US shelves may think twice about following suit.

  • 14 Sep 2012

"This deal shows the US market is ready for European issuers," said a syndicate lead on the deal. "It was a true benchmark deal."

Bankers away from the deal, which drew heavy demand, agreed that it was an important trade for the market.

"It will certainly encourage more European ...

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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%