European ABS starts hard march to recovery with GMAC mortgages

The European securitisation market achieved a tentative reopening this week, after nearly three months of silence, as GMAC RFC priced a Eu703m securitisation of its Dutch non-conforming mortgages.

  • 26 Oct 2007

Since early August the market has been through what is probably the worst period in its history. A serene landscape in which deals of up to £7bn were placed easily at tight spreads was ruined by a global aversion to structured finance.

GMAC’s deal is the first step ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
4 Lloyds Bank 6.42
5 JP Morgan 6.35

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%