New Issue CMBS ­ Is It An Illusion?

Almost everyone in the market noticed the flurry of activity in new issue commercial mortgage-backed securities in both the U.S. and this side of the Atlantic at the end of April. In this article we consider how these new issues differ from pre-crisis CMBS, the investor appetite, the stance of the rating agencies towards such deals, and what these new issues may signal to the market.

  • 12 Jul 2010
Almost everyone in the market noticed the flurry of activity in new issue commercial mortgage-backed securities in both the U.S. and this side of the Atlantic at the end of April. In this article we consider how these new issues differ from pre-crisis CMBS, the investor appetite, the ...

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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%