Resimac secures A$250m with debut subprime RMBS

Australian non-bank lender Resimac priced an increased A$250m ($268.8m) residential mortgage-backed securitisation on Thursday, completing only the second deal backed by non-conforming assets since the financial crisis.

  • 14 Jul 2011

Resimac successfully increased its debut non-conforming deal by A$50m and fended off negative market sentiment to price in line with guidance — albeit a day later than planned.

The issuer sold a A$50m ‘A1’ note that had a weighted average life of 0.4 years for 100bp over the one ...

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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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Aug 2017
1 Citi 73,217.70 205 13.50%
2 Bank of America Merrill Lynch 64,298.92 202 11.86%
3 Wells Fargo Securities 54,013.21 172 9.96%
4 JPMorgan 40,335.50 139 7.44%
5 Credit Suisse 30,239.23 97 5.58%