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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)
Monroe Capital Management, LLC., Monroe Capital CLO 2014-1Deutsche Bank358.07
Regiment Capital Advisors, Cavalry CLO IVWells Fargo407.32
Arrowpoint Asset Management, Arrowpoint 2014-3Goldman Sachs415.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Aug 2014
1 JPMorgan 133,759.50 282 0.00%
2 Citi 117,145.39 281 0.00%
3 Bank of America Merrill Lynch 113,628.86 309 0.00%
4 Barclays 104,450.28 248 0.00%
5 Deutsche Bank 102,232.45 212 0.00%

Financing Record (MBS)

IssuerPriceTotal Amount ($ Millions)
HAROT 2014-399.98334.20
HAROT 2014-3100.00256.40
HAROT 2014-399.98110.00

Priced Deals

IssuerMaturitySize
Deutsche Bank15-Apr-19700
Credit Suisse29-Nov-19500
Virgin Money Holdings160

bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Aug 2014
1 JPMorgan 4,076.46 11 0.00%
2 Deutsche Bank 3,489.39 10 0.00%
3 Bank of America Merrill Lynch 2,737.00 7 0.00%
4 RBS 2,666.67 6 0.00%
5 Barclays 2,655.81 8 0.00%
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