Deutsche Bank Scores Portfolio

Deutsche Bank won a $116 million loan portfolio auction last Wednesday. The winning bid could not be determined, but the cover bid came in at 99.426.

  • 08 Dec 2006
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Deutsche Bank won a $116 million loan portfolio auction last Wednesday. The winning bid could not be determined, but the cover bid came in at 99.426. The portfolio consists of 30 par names. Credits include Warner Chilcott, Calpine Corp., General Growth Properties, Smurfit-Stone Container Corp. and Lake Las Vegas (CIN, 12/4/06).

A dealer said the largest position in the portfolio is $6 million of GGP's term loan. The smallest positions are in the $100,000-$200,000 range. The average spread on the loans is 216 basis points. There are fifty-seven tranches, according to a dealer. He added Deutsche will trade some of the loans straight away and others it will hold to make a market in. A call to a Deutsche Bank spokesman was not returned.

  • 08 Dec 2006

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
  • 24 Jul 2017
1 Bank of America Merrill Lynch 57,945.74 181 12.35%
2 Citi 57,243.86 174 12.20%
3 Wells Fargo Securities 48,214.86 152 10.28%
4 JPMorgan 33,301.70 114 7.10%
5 Credit Suisse 25,010.27 80 5.33%