Latest TALF Rejections Perplex Investors

Bonds from three commercial mortgage backed securitizations were rejected by the New York Federal Reserve in November’s TALF subscription period, spiking investor concern over the lack of clarity being offered by the Fed in its selection of legacy assets into the program.

  • 01 Dec 2009

--Joy Wiltermuth

Bonds from three commercial mortgage backed securitizations were rejected by the New York Federal Reserve in November’s TALF subscription period, spiking investor concern over the lack of clarity being offered by the Fed in its selection of legacy assets into the program. “There is nearly unanimous support ...

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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
  • 23 Jan 2017
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%