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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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US CLO

IssuerArrangerSize ($M)
Tikehau Capital Europe Goldman Sachs399.85
PineBridge InvestmentsBarclays372.66
Cairn Loan InvestmentsCiti343.03

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Jul 2015
1 JPMorgan 33,695.45 94 9.92%
2 Wells Fargo Securities 33,291.06 111 9.80%
3 Credit Suisse 30,732.54 89 9.05%
4 Bank of America Merrill Lynch 28,679.95 96 8.44%
5 Citi 28,154.59 84 8.29%

Financing Record (MBS)

IssuerPriceTotal Amount ($ Millions)
GEDFT 2015-1100.00475.00
GEDFT 2015-2100.00300.00
OMFIT 2015-1100.0072.90

Priced Deals

IssuerMaturitySize
UBS30-Jun-201500
HSBC30-Jun-251500
Co-operative Bank01-Jul-25250

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 3,670.49 11 10.08%
2 Bank of America Merrill Lynch 3,449.49 12 9.47%
3 Lloyds Banking Group 2,451.05 7 6.73%
4 Morgan Stanley 2,429.85 6 6.67%
5 Deutsche Bank 2,421.47 6 6.65%