Fitch Rates Metrofinanciera CBL Deal

  • 06 Aug 2007
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Fitch Ratings has rated Metrofinanciera Trust #650 construction bridge loan securitization. The class A rating received a ‘BBB/AAA(mex)’ rating thanks to the 12.5% subordination level provided by the class B notes. The initial level of overcollateralization equals 5% of the collateral balance. The class B notes were rated ‘A(mex).’ Metrofinanciera S.A. is the originator and servicer on the deal.

Interest will be paid on a quarterly basis. The ramp-up period is six months after closing. The revolving period is 60 months from the closing date and the amortization period will begin at the end of the revolving period. The legal final maturity is July 2014.

  • 06 Aug 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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Bank of America Merrill Lynch 57,210.26 177 12.39%
2 Citi 56,957.04 171 12.34%
3 Wells Fargo Securities 47,551.45 149 10.30%
4 JPMorgan 32,965.91 111 7.14%
5 Credit Suisse 23,990.96 75 5.20%