German ABS Restructures; Private-Places New Notes

Leaseplan Deutschland has restructured Bumper 2, a retained 2008-vintage, single-tranche German operational auto lease asset-backed securitization. As part of the move, Leaseplan privately placed €602 million ($835.9 million) in newly minted class A notes with investors, in a deal that priced Monday.

  • 15 Mar 2011

—Hugh Leask

Leaseplan Deutschland has restructured Bumper 2, a retained 2008-vintage, single-tranche German operational auto lease asset-backed securitization. As part of the move, Leaseplan privately placed €602 million ($835.9 million) in newly minted class A notes with investors, in a deal that priced Monday.

The restructuring had been planned since ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 16.10
2 Rabobank 15.11
3 Barclays 9.42
4 Credit Agricole 7.93
5 Morgan Stanley 7.46

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Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%