German Insurer To Expand ABCP Into Europe

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  • 21 Apr 2003
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Gerling NCM, a German credit insurer, is beginning to market its asset-backed commercial paper conduit to clients outside Germany. The conduit will be called Securefin outside Germany and will be targeted at small- and medium-sized companies with between E5 million and E60 million in trade receivables to securitize, says Jurgen Mortag, head of structured credit based in Cologne.

Mortag says the small- and medium-sized companies have always been the target market for Gerling's ABCP in Germany and the firm believes there is a niche for the product elsewhere. Securefin is willing to securitize smaller amounts than other banks' ABCP products, he adds. The firm is marketing the ABCP to banks as well as to its own clients.

  • 21 Apr 2003

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
2 Barclays 20,987.41 55 8.54%
3 JPMorgan 17,406.75 53 7.08%
4 HSBC 16,333.52 48 6.64%
5 Goldman Sachs 15,454.74 49 6.29%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 SG Corporate & Investment Banking 770.06 2 16.80%
2 Goldman Sachs 656.16 2 14.32%
3 JPMorgan 527.28 4 11.50%
4 Emirates NBD PJSC 408.38 1 8.91%
5 Deutsche Bank 321.53 3 7.01%