Westpac builds up for biggest RMBS of year

Westpac Banking Corp returned to the residential mortgage-backed securities market this week, boosting a planned deal by more than 50% — and closing the biggest transaction in the market so far this year.

  • 18 May 2012
The bank raised A$1.15bn from the three-tranche deal, a big jump from the A$750m it had originally intended. The bulk of that came from a A$1.058bn ‘Class A’ note which was priced at 140bp over the bank bill swap rate, in line with guidance released during marketing, according ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%