Members Equity returns as RMBS market recovers

Members Equity raised A$1.255bn ($1.09bn) on Friday in the residential mortgage-backed securities (RMBS) market, quickly following up on its market-opening deal and showing the rapid recovery of Australian structured finance.

  • 20 Sep 2009
Commonwealth Bank of Australia, Deutsche Bank and Macquarie Bank arranged the deal, the bulk of which was in a A$1.2bn ($1bn) triple-A tranche which paid 150bp over the bank bill swap rate. That is 25bp inside where the equally-rated senior tranche of the borrower’s last deal -- a ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,415 22 12.84
2 Citi 5,781 17 11.57
3 BNP Paribas 3,530 14 7.06
4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 99,251.11 279 13.17%
2 Bank of America Merrill Lynch 90,895.27 265 12.06%
3 Wells Fargo Securities 72,661.39 222 9.64%
4 JPMorgan 52,367.24 169 6.95%
5 Credit Suisse 41,885.89 127 5.56%