Citi Unloads $1.6 Bln in Credit Card Loans to GE

Citigroup has agreed to sell an estimated $1.6 billion of private-label credit card loans to GE Capital. Terms have not been disclosed.

  • 07 Oct 2010
Citigroup has agreed to sell an estimated $1.6 billion of private-label credit card loans to GE Capital. Terms have not been disclosed. Citi has been trying to unload the portfolio since early last year, after announcing its restructuring plans. The sale represents only 3% of the total $50 ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

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%