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
Email a colleague
Request a PDF

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 Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%