Lloyds shows sterling bid for Aus auto deals

Lloyds International has become the first ABS issuer to sell a sterling denominated deal backed by Australian assets, after pricing a A$552.75m ($591m) securitisation of auto loans last week.

  • 03 Jun 2011

The bank, which sold the deal through its Bella programme, pitched European investors with a A$360m ‘A2’ tranche, divided between sterling and Australian dollar notes.

The split was set at pricing, after Lloyds got enough demand for £120m and A$176m notes from seven accounts. Lloyds wants to issue ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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%