Toyota Spins Out Second RMBS

Toyota Finance, the funding wing of Japanese auto giant Toyota Motor, has returned with its second residential mortgage-backed securities deal.

  • 27 Nov 2007
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—Hugh Leask

Toyota Finance, the funding wing of Japanese auto giant Toyota Motor, has returned with its second residential mortgage-backed securities deal. Nikko Citigroup is arranging and underwriting the JPY46.5 billion ($429.6 million) transaction.

The deal, known as Toyota Finance RMBS Series 2, is split into three AAA-rated tranches of notes: a JPY25.5 billion ($235.8 million) floating-rate class A; a JPY8.5 billion ($78.5 million) fixed-rate B1 class and a JPY12.5 billion ($115.5 million) class B2 fixed-rate tranche.

Officials at the firms involved could not be immediately reached for comment.

  • 27 Nov 2007

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%