BNPP AM, Natixis sell CPPI with wide tastes, 6% spread

  • 09 Mar 2007

BNP Paribas Asset Management has developed an innovative credit constant proportion portfolio insurance (CPPI) fund called Parflex, with notes rated Aaa by Moody's that pay an unrated target yield of Libor plus 600bp.

Natixis, which is arranging the deal, expects to sell between Eu200m and Eu300m of notes when ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%