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 Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%