Top stories

  • Japanese big hitter steps into US middle market CLOs

    Japan's Norinchukin Bank is understood to have invested in US middle market CLOs for the first time, the latest chapter in the evolution of the bank’s CLO investing strategy, writes David Bell. It accompanies a growing surge of liquidity in middle market lending in what could be a breakout year for the sector.

    • 25 May 2017
  • The Annual GlobalCapital US Securitization Awards: The Winners

    On Tuesday, May 23, GlobalCapital held its fourth annual securitization industry awards dinner at the Plaza Hotel in Manhattan.

    • 24 May 2017

  • Capital calculations last item blocking EU ABS plan

    European Union (EU) member states are conducting last-minute talks on how to calculate capital requirements in the draft framework for European securitizations.

    • 25 May 2017
  • Morningstar flags $100m of CMBS, as retail woes hit Rue21

    Morningstar Credit Ratings has identified the most vulnerable US CMBS loans with exposure to teen fashion chain Rue21, with $100m of CMBS debt said to be vulnerable to default if the company decides to close more stores.

    • 25 May 2017
  • Buyers go mad for insurance premium ABS

    A novel ABS transaction backed by insurance premium payments drew heavy demand this week, with buyers piling into the bonds throughout the capital stack.

    • 25 May 2017
  • UK RMBS primary market springs to life

    The UK RMBS market is picking up steam following the pricing of the year’s first prime offering from Principality Building Society and a buy-to-let offering backed by prime mortgages.

    • 25 May 2017
  • Risk retention rules spawn third party growth, engineering

    Risk retention sponsors are hiring third party firms to help accurately value their horizontal strips of US CLO equity, although the growth of bank financing is also encouraging more managers to adopt the vertical approach to the regulation.

    • 24 May 2017
  • Credit slips as multifamily competition grows

    Multifamily CMBS underwriting standards have been slipping, according to JP Morgan analysts, as growing appetite from the government sponsored enterprises (GSEs) drives competition among agency and private label lenders.

    • 23 May 2017
  • VW leans on politicians for STS solution

    Volkswagen has called on EU politicians to come up with a market friendly solution to the 'simple transparent, standardised' (STS) securitization framework when the trilogue talks resume at the end of the month.

    • 24 May 2017
  • Seacube prices as outlook for containers improves

    New Jersey-based Seacube Container Leasing priced a container lease deal on Wednesday amid growing industry buzz around the once sluggish asset class.

    • 24 May 2017
  • Blockchain platform eyes ABS market for funding

    Secured Automated Lending Technology (Salt), a Denver-based blockchain company, is eyeing the securitization market to finance its growth, chief executive Shawn Owen tells GlobalCapital.

    • 23 May 2017
  • Carrefour prices French card deal

    Carrefour Banque has priced Series 2017-1 of its Master Credit Cards Pass Compartment France series, selling the bonds at the tight end of price guidance.

    • 23 May 2017


The GlobalCapital View logo   Comment

  • Hot potato with Italian NPLs doesn't help

    There is no easy answer to the non-performing loan problem that continues to weigh on Italian banks, but rather than a lasting solution it's touted to be, the Atlante fund is nothing more than a short term fix.

    • 16 May 2017

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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%

Latest awards

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

 

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%