European Hotel Underwriting Seen Becoming More Aggressive

Underwriting standards in the European hotel commercial mortage-backed securitization market have become increasingly aggressive, according to Citigroup.

  • 24 Apr 2007
-- By Daniel Flatt

Underwriting standards in the European hotel commercial mortage-backed securitization market have become increasingly aggressive, according to Citigroup. The firm’s European Securitised Products Strategy research paper says two recent rating actions by Standard & Poor’s have highlighted that there are deals in the market where the ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 15.35
2 Rabobank 14.41
3 Morgan Stanley 11.73
4 Barclays 8.99
5 Credit Agricole 7.57

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%