ME beats target with A$665m RMBS deal

Members Equity Bank returned to the residential mortgage-backed securitisation market this week, selling a A$665m ($673.9m) deal that beat its size target after drawing more than A$200m of demand from the Australian Office of Financial Management, the government debt agency.

  • 13 Oct 2011
The issuer sold A$621.75m of ‘Class A’ notes, which were priced to yield 125bp over the one month bank bill swap rate. That top level tranche was rated AAA by Standard & Poor’s and Fitch, and has a weighted average life of three years. The bank also sold ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%