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 Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
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%