NordLB frees up lending capacity with synthetic securitisation

Germany’s Norddeutsche Landesbank has structured a second risk transfer trade in as many months, selling mezzanine risk to an institutional investor in a move designed to free up space on its balance sheet for more lending.

  • 29 Aug 2012

The bank sold a second loss risk tranche on a pool of infrastructure loans to a UK institutional account. The deal is understood to pay a high single digit coupon, although details were unavailable early on Wednesday afternoon.

The Blue Rock synthetic securitisation is backed by a portfolio of ...

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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) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

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%