Top stories


  • Fannie pitches first CRT deal of 2016

    Fannie Mae has released guidance for its first credit risk transfer (CRT) deal of the year.

    • 10 Feb 2016
  • More insurance buyers to turn to CLOs

    More insurance companies may soon turn their attention to the CLO market, according to one of the world’s largest insurance company asset managers.

    • 10 Feb 2016
  • Ex-RBS syndicate banker joins Wells

    A syndicate banker who left RBS in October last year started at Wells Fargo this week.

    • 10 Feb 2016
  • Ranger reopens direct lending fund

    Dallas-based Ranger Capital has reopened its Ranger Specialty Income Fund (RSIF) to new investors after a year-long pause in fund raising.

    • 10 Feb 2016
  • Solid fundamentals seen in European CLOs despite price volatility

    Mezzanine spreads have widened in European CLOs by 100bp-200bp in a matter of weeks, with further volatility expected, but one investor said on Tuesday there was no need to panic.

    • 09 Feb 2016
  • Avant brings largest yet offering to market

    Chicago-based online subprime consumer lender Avant is marketing a $300m ABS transaction, the platform's largest offering to date and its first rated deal, an Avant spokesperson tells GlobalCapital.

    • 09 Feb 2016
  • Rapid US home price growth stokes bubble fears

    Home prices in markets across the US are growing at a rate that that is outpacing underlying market fundamentals, according to Fitch Ratings.

    • 09 Feb 2016
  • Talk of negative rates saps CLO confidence

    A struggling global economy and a sluggish US recovery has raised the spectre of negative US interest rates, giving CLO investors another item to add to a growing list of concerns in 2016.

    • 08 Feb 2016
  • UK ABS paper set to launch

    Skipton Building Society priced a £450m UK prime RMBS deal on Monday, and a new UK auto ABS deal is set to be priced tomorrow in a ‘selectively buoyant’ European ABS market.

    • 08 Feb 2016
  • HSBC latest bank to settle with DOJ

    HSBC has become the latest financial institution to reach an accord with the US Department of Justice (DOJ) over its role in the 2008 financial crisis.

    • 05 Feb 2016


The GlobalCapital View logo   Comment

  • The Brexit fight is on: look to the big issues

    Capital market participants tend to keep their heads below the political parapet. Brexit is one issue they must not ignore. It would sabotage the City’s leadership in financial services and be an assault on the fabric of global governance.

    • 02 Feb 2016

more comment

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 Feb 2016
1 JPMorgan 3,830.34 13 11.75%
2 Wells Fargo Securities 3,551.78 14 10.90%
3 Credit Suisse 2,873.80 9 8.82%
4 Bank of America Merrill Lynch 2,751.61 11 8.44%
5 Deutsche Bank 2,104.93 9 6.46%

Latest awards

  • 2015 US Securitization Awards: the winners

    On Wednesday June 10, GlobalCapital held its annual US Securitization Awards in New York, recognising the best banks, issuers, investors, law firms and deals in the market, as chosen by their clients and peers. Click through to see the list of winners.

    • 10 Jun 2015

Comments? Questions? Tips?

Max Adams
Securitization Editor
+1 212 224-3293
max.adams@globalcapital.com

Sasha Padbidri
New York Reporter
+1 212 224-3206

sasha.padbidri@globalcapital.com

Graham Bippart

European Securitization and Fixed Income Editor
+44 (0)207 779 8715
graham.bippart@globalcapital.com


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Mark Goodes
+44 (0)207 779 8605
mark.goodes@globalcapital.com

George Williams
+44 (0)207 779 8274
george.williams@globalcapital.com

 

European CLO

IssuerArrangerSize ($M)
Oaktree Capital ManagementCiti448.20
SankatyBarclays457.97
GSO Capital PartnersBAML449.87

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 Feb 2016
1 JPMorgan 3,830.34 13 11.75%
2 Wells Fargo Securities 3,551.78 14 10.90%
3 Credit Suisse 2,873.80 9 8.82%
4 Bank of America Merrill Lynch 2,751.61 11 8.44%
5 Deutsche Bank 2,104.93 9 6.46%

Financing Record (MBS)

IssuerPriceTotal Amount ($ Millions)
GEDFT 2015-1100.00475.00
GEDFT 2015-2100.00300.00
OMFIT 2015-1100.0072.90

Priced Deals

IssuerMaturitySize
Goldman Sachs12-Feb-311000
Goldman Sachs10-May-191500
Deutsche Pfandbriefbank04-Feb-19500

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 Feb 2016
1 Rabobank 983.12 1 15.34%
1 JPMorgan 983.12 1 15.34%
3 HSBC 614.94 2 9.59%
4 Citi 535.96 2 8.36%
5 Bank of America Merrill Lynch 479.64 2 7.48%