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) 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%