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Securitization

Aussie RMBS tests demand for hard bullets

Bendigo and Adelaide Bank, an Australian regional lender, launched an innovative A$775m ($771m) residential mortgage-backed securitisation on Tuesday that incorporated hard bullet, soft bullet and floating rate tranches as issuers test new structures to tap different types of investor.

  • 07 Dec 2010
The deal from Bendigo’s Torrens programme follows hot on the heels of another RMBS bullet — the first since 2004 — from Bankwest at the end of November. But while Bankwest pioneered a soft bullet tranche, Torrens includes a hard bullet alongside two soft bullet tranches and five ...

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CLO

IssuerArrangerSize ($M)
Columbia Management Investment Advisers, CENT CLO 22JPMorgan616.25
Sound Harbor Partners, Sound Harbor Loan Fund 2014-1JPMorgan456.95
Fortress Investment Group, Fortress Credit Opportunities VNatixis713.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Sep 2014
1 JPMorgan 51,494.85 127 10.24%
2 Citi 47,731.41 121 9.49%
3 Barclays 42,977.38 111 8.55%
4 Bank of America Merrill Lynch 41,285.90 120 8.21%
5 Credit Suisse 40,294.27 104 8.01%

Financing Record (MBS)

IssuerPriceTotal Amount ($ Millions)
CCCIT 2014-A899.991,099.80
Westgate 2014-1100.0053.00
Westgate 2014-1100.0035.00

Priced Deals

IssuerMaturitySize
Morgan Stanley30-Mar-231250
Credit Suisse31-Jan-221750
Goldman Sachs30-Sep-241000

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 4,827.70 14 0.00%
2 Bank of America Merrill Lynch 4,273.35 10 0.00%
3 Deutsche Bank 4,158.97 12 0.00%
4 Citi 3,317.26 8 0.00%
5 Barclays 3,192.54 10 0.00%