Members Equity returns to RMBS with A$673m issue

Australian lender Members Equity returned to the residential mortgage-backed securities (RMBS) market at the end of last week, raising A$673m ($613m) in a deal that won the support of both the government and private sector investors.

  • 08 Mar 2010
Credit Suisse, Macquarie Bank and Westpac Banking Corp priced the issue, which has a weighted average life of 2.6 years, at a spread of 135bp over the bank bill swap rate — in line with price guidance released early last week.

Members was initially targeting A$500m from the ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 16.10
2 Rabobank 15.11
3 Barclays 9.42
4 Credit Agricole 7.93
5 Morgan Stanley 7.46

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%