PNCS debut tests hunger for Aussie RMBS

Police & Nurses Credit Society launched a debut residential mortgage-backed securities issue on Wednesday, pitching a A$250m ($244m) deal just hours after regular borrower Resimac hit the market with its own offer. Bankers expect the new issuer to fare well against more established names, despite heavy deal flow.

  • 18 Nov 2010
ANZ is leading PNCS’s four tranche deal and is planning to price the issue next week. The originator will provide a rare test of demand for new names in a market that is dominated by regulator issuers — but bankers argue the rarity of the credit will ensure ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%