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 Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%