South African Bank Rolls Out CMBS Deal

FirstRand Bank, through its Rand Merchant Bank division, has come to market with a commercial mortgage-backed securities deal, Freestone Finance Company Ltd Series 2.

  • 04 Apr 2008

--Cristina Pittelli

The deal, worth ZAR650 million ($83 million), is backed by one fixed rate loan to Emira Property Fund and secured by 36 retail, industrial and office properties across South Africa.

Moody’s Investors Service has rated the deal Aa1/Aaa.za. There is only one class of notes, A1, with ...

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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
  • 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%