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Securitization

Top Securitization Stories

  • Jury out on ECB as it pulls trigger on ABS purchases

    The European Central Bank could be buying primary European ABS from securitization bankers in the next few trading sessions after signing its purchase programme into law this week. But a worrying number of those bankers think the purchases will drive private investors out of the market, while an even greater number say the positive effects will not be enough to combat the regulatory barrier to more issuance.

    • 20 Nov 2014
  • Floodgates open for institutional investors to buy RPL RMBS

    Credit Suisse subsidiary DLJ Mortgage Capital is sponsoring the first rated issuance of RMBS backed by re-performing mortgages, as RPL RMBS issuers look to tap a larger investor base which has been boxed out of the booming asset class until now.

    • 20 Nov 2014
  • DriveTime order a warning for auto ABS

    The Consumer Financial Protection Bureau (CFPB) announced an $8m enforcement action against the auto dealer DriveTime on Wednesday. The action raised concerns among market participants that auto lending investigations might not be as priced in for new ABS issuance as was previously thought.

    • 20 Nov 2014
  • National central banks to take on ECB’s ABS purchases

    The European Central Bank can begin buying asset backed securities as early as Friday after signing its purchase programme into law on Wednesday. The published documents showed the eurozone's national central banks will take over from the ECB later on in the programme.

    • 20 Nov 2014
  • Delta Lloyd looks to tighten curve into ECB driven rally

    Delta Lloyd issued price guidance on the A2 and A3 notes of its second swapless RMBS transaction well inside its first this week, but was met with an enthusiastic response for the novel structure from investors who had the deal well covered by Thursday afternoon.

    • 20 Nov 2014

Latest News

  • Los Angeles CLO manager close to S&P and Volcker doc change

    West Gate Horizons is close to Volckerising one of its 2013 collateralised loan obligations, as well as modifying the documentation to reflect changes in Standard & Poor’s recovery ratings. The move comes as Volckerisation efforts are slowing because of a less refi-friendly environment — although some sources say equity investors are more receptive to such changes as they may enhance liquidity.

    • 20 Nov 2014
  • Ocwen allows free access to loan-level data

    Ocwen Financial is allowing open access to its re-launched loan-level database. Investors, and anyone else who signs up for the platform, can analyse Ocwen-serviced loans that back RMBS.

    • 20 Nov 2014
  • Australian ABS will withstand weaker assets, says Moody’s

    A deterioration in the quality of new collateral in an environment of low interest rates and buoyant house prices will be no barrier to continued strong performance from Australian RMBS and other ABS, according to Moody’s.

    • 20 Nov 2014
  • Two banks lead FirstKey's first RMBS

    FirstKey has mandated two leads for its first RMBS issuance, a $286m deal backed by jumbo mortgages, as the non-agency RMBS market limps towards recovery.

    • 18 Nov 2014
  • Investors weigh impact of housing recovery on SFR ABS

    Investors are considering the impact that a potential housing recovery could have on rental property vacancy rates in their analysis of single-family rental (SFR) ABS, as pricing guidance was released on another SFR ABS from American Homes 4 Rent.

    • 19 Nov 2014
  • Ratings, and a new class of investors for RPL RMBS

    RMBS issuance backed by reperforming loans has picked up this year as issuers have securitized reperforming mortgages to finance ever more acquisitions of scarred loans. Market participants say a new class of investors is primed to jump into the asset class, as Kroll assigns ratings to an RPL deal for the first time.

    • 18 Nov 2014
  • ACA deal priced in wake of predatory lending investigation

    American Credit Acceptance priced its fourth subprime auto ABS issuance on Wednesday. Investors in the notes, backed by subprime used car loans, have not been greatly deterred by a new investigation of potential predatory lending by used car dealers, market participants said.

    • 19 Nov 2014
  • BPCE’s BRED retains €900m of RMBS

    BRED Banque Populaire has priced and fully retained its FCT Elide Compartiment 2014-1 mortgage-backed true sale transaction, its first securitization of mortgages since 2012.

    • 19 Nov 2014
  • Santander hit with yet another subprime auto subpoena

    Yet another regulator, the New York City Department of Consumer Affairs (NYCDCA), has subpoenaed Santander Consumer USA, the NYDCA announced on Monday.

    • 18 Nov 2014
  • P2P securitization still ‘problematic’ for European platforms

    The US market may be moving towards its first rated securitization of marketplace lending consumer loans and mainstream acceptance, but attendees at the LendIt Conference in London on Tuesday were cautious on the outlook for a similar breakthrough in Europe.

    • 18 Nov 2014
  • P2P securitization ‘problematic’ in Europe but groundwork being laid

    The US market may be moving towards its first rated securitization of marketplace lending consumer loans and mainstream acceptance, but attendees at the LendIt Conference in London this week were cautious on the outlook for a similar breakthrough in Europe.

    • 20 Nov 2014
  • B2R brings on first CEO as multi-borrower deal eludes market

    B2R Finance hired Jason Hogg as its first CEO on Monday. His appointment comes amid anticipation for a multi-borrower single-family securitization from B2R.

    • 17 Nov 2014
  • Orchard partners with Duff & Phelps for ‘seamless’ P2P valuations

    Orchard Platform, which connects institutional investors with marketplace lending platforms to enable them to buy whole loans, has partnered with valuation firm Duff & Phelps. Institutional investors are increasingly turning to the asset class as the sector shifts from ‘peer-to-peer’ to an ‘institution-to-peer’ model that is soon expected to yield its first rated securitization of consumer loans.

    • 17 Nov 2014
  • US managers eyeing Europe as CVC guides

    CVC Credit Partners has issued guidance on its latest European CLO, at the sort of spread levels that bankers say are playing a part in attracting a fresh batch of US managers to the euro denominated market.

    • 17 Nov 2014
  • Wells could be stuck with controversial MSR portfolio

    Wells Fargo will have to decide whether to retain the $39bn in mortgage servicing rights (MSRs) it had planned to sell to Ocwen Financial or find a new buyer, following the announcement last Friday that the parties had cancelled the transaction.

    • 17 Nov 2014
  • Private-backed auto deal leads strong ABS pipe

    Auto ABS issuance is expected to pick up this week with two prime and two subprime deals in the pipe, and another subprime deal to settle. A deal by privately-held American Credit Acceptance (ACA) could present the biggest challenge to underwriters.

    • 17 Nov 2014
  • Delta Lloyd swapless in public as it widens audience for rate cap

    Delta Lloyd is taking the swapless RMBS concept public after mandating banks to broadly syndicate its second Arena NHG prime Dutch RMBS of the year, which will again feature an interest rate cap provided by ABN Amro instead of a traditional swap.

    • 13 Nov 2014
  • Veneto Banca tightens curve again with ECB set to intensify periphery squeeze

    Veneto Banca priced its second resale of Claris 2011 RMBS paper of the year this week, bringing its funding costs in the asset class well inside 100bp over Euribor. And with the European Central Bank set to begin ABS purchases next week, bankers expect the market to become even more attractive to periphery credits.

    • 13 Nov 2014
  • UK RMBS trades keep coming despite stubborn sterling

    Precise Mortgages managed to fully cover its latest UK RMBS this week. But the trade had to combat the same investor apathy that has afflicted a string of sterling trades of late, just as Permanent TSB is lining up a return to UK RMBS through CHL Mortgages.

    • 13 Nov 2014
  • Freddie Mac raises its stake in CMBS market

    Freddie Mac is launching a new securitization product that will increase its role in multifamily CMBS just as market participants have touted Freddie’s divestment of risk in RMBS.

    • 13 Nov 2014
  • CFTC extends relief for swaps, agency MBS package trades

    The US Commodity Futures Trading Commission has issued a no-action letter extending relief that was previously granted for package transactions involving a swap component and an agency mortgage-backed security component.

    • 13 Nov 2014
  • Be hard on originators to fix private label RMBS, say panellists

    Small investors are coming back to the private label RMBS market, but deep structural reforms that "hold originators' feet to the fire" are needed to tempt larger buyers back, said panelists at a conference on Wednesday.

    • 12 Nov 2014
  • Crusade for benchmark private label RMBS too ambitious, say bankers

    Michael Stegman, counsellor to the US Treasury secretary, this week continued his push for a benchmark transaction that could resurrect the private label securities (PLS) market but some market participants say his pitch is a little too ambitious.

    • 12 Nov 2014
  • Sterling stays stubborn for Precise RMBS

    Precise Mortgages managed to fully cover its latest UK RMBS by pricing on Wednesday afternoon, but the trade had to combat the same investor apathy that has afflicted other recent sterling trades.

    • 13 Nov 2014
  • Liberty Financial RMBS joins Australia’s A$3bn party

    Liberty Financial mandated banks for its second Australian RMBS transaction of the year on Tuesday, looking to place up to A$400m of bonds in a market that has absorbed over A$3bn of supply in the last two weeks.

    • 12 Nov 2014
  • Indications of interest cover third of Veneto Banca’s remaining stock

    Lead managers on Veneto Banca’s Claris 2011 RMBS resale have collected over €300m in indications of interest for the deal, which leaves the Italian bank on track to offload a third of the bonds it still holds from the previously retained transaction.

    • 12 Nov 2014
  • OnDeck hands IPO underwriting mandate to Deutsche, among others

    Online small business lender OnDeck has filed for an initial public offering, handing underwriting duties to a handful of banks including some that supply the group’s credit lines and one that has underwritten a previous securitization. OnDeck is the latest online marketplace lender to go public, following others like Lending Club and SoFi.

    • 12 Nov 2014
  • Market participants say uncertainties remain for RMBS

    Market participants cited the finalization of regulatory rulemaking initiatives as a relief for private label RMBS issuers and investors on Wednesday during a conference in New York, but potential liabilities related to reps and warranties and mortgage servicing remain murky.

    • 12 Nov 2014
  • Lending Club data cuts force P2P code rewrite

    An unexpected move by Lending Club to reduce the number of data points it publishes about its loans has rattled the peer-to-peer investment community. The changes could make it harder for institutional investors — some of which have securitized these assets — to generate better returns by using coding technology to select the loans they want.

    • 11 Nov 2014
  • Redwood changes tack as first risk-sharing deal nears

    Redwood Trust is shifting its focus towards originating more conforming loans to take advantage of a securitization partnership with Fannie Mae, in line with the GSE’s risk-sharing program.

    • 11 Nov 2014
  • SME access to finance unchanged, says ECB

    A European Central Bank survey of over 10,000 small and medium sized enterprises showed no change in the proportion of businesses listing ‘access to finance’ as their main concern, while they also complained of more stringent collateral and other requirements from lending banks.

    • 12 Nov 2014
  • ABS looks to CB gains as ECB targets next week

    ABS bankers have been looking at the recent positive effects on funding levels in the covered bond market as they prepare for purchases by the European Central Bank, which executive board member Yves Mersch has confirmed will begin next week. But they remained concerned about the crowding out of private investors.

    • 11 Nov 2014
  • Genworth downgrade threatens RMBS ratings

    Some 153 tranches of antipodean RMBS are facing Standard & Poor’s rating cuts following the agency’s downgrade of mortgage insurance provider Genworth earlier this month.

    • 11 Nov 2014
  • Ocwen could drag down Ginnie Mae MBS

    The performance of mortgage-backed securities backed by loans serviced by Ocwen Financial is expected to take a hit due to ongoing liquidity concerns and increased scrutiny over mortgage liquidations.

    • 11 Nov 2014
  • Angel Oak sets sights on non-QM RMBS

    Angel Oak Capital plans to launch a non-qualified mortgage (non-QM) RMBS transaction in the first quarter of 2015, the firm's head of capital markets told GlobalCapital on Monday. The specialty financier is in talks with banks to underwrite the deal.

    • 10 Nov 2014
  • Italians dominate ABS pipe with ECB lurking

    Agos Ducato has added an Italian consumer ABS to the European ABS pipeline, while Veneto Banca’s latest RMBS resale is being marketed this week. However, it is unclear whether the European Central Bank will have its ABS purchase plan ready in time to participate in either transaction.

    • 10 Nov 2014
  • Resimac securitizes pre-crisis mortgage portfolio

    Resimac has took no time at all on Monday to price its Avoca Series 2014-1 RMBS, a securitization of loans selected from a portfolio the specialised mortgage lender acquired from RHG Limited earlier this year.

    • 10 Nov 2014
  • AmeriCredit subprime ABS expected to launch without a blip

    GM Financial subsidiary AmeriCredit is planning its fourth subprime auto ABS of 2014. The issuer is not expected to have much trouble getting the deal through despite a recent disclosure by GM Financial that it had received more subpoenas related to its subprime loans and securitizations.

    • 10 Nov 2014
  • Santander to retain €7.5bn of high LTV prime RMBS

    Banco Santander has structured a giant RMBS transaction backed by prime mortgages originated in Spain by it and subsidiary lender Banco Espanol de Credito (Banesto), but the group will retain the transaction.

    • 10 Nov 2014
  • Italian issuers re-emerge as ECB keeps foot on gas

    Veneto Banca has mandated lead managers for its second re-offering of Claris ABS 2011 notes this year, while another Italian deal backed by consumer loans could also hit the market as soon as next week as the European Central Bank’s impending purchases keep downward pressure on periphery ABS spreads.

    • 06 Nov 2014
  • Diamond Resorts deal comes amid tighter timeshare yields

    Diamond Resorts Corporation is planning its first securitization of 2014 in what has become a booming market for timeshare deals, as a new investor base hungry for yield has pushed spreads tighter

    • 06 Nov 2014
  • Macquarie non-QM securitization could exploit CFPB loophole

    Macquarie Group is planning to issue its first securitization of non-qualified mortgage (non-QM) consumer loans by the middle of 2015, through a partnership with Impac Mortgage Holdings. But new issuance from the partnership is believed to tread regulatory lines and could potentially be viewed as a sneaky workaround of ability-to-repay standards under the Dodd-Frank Act.

    • 06 Nov 2014
  • P2P loans close to securitization explosion

    As the peer-to-peer or marketplace lending sector matures, it is becoming increasingly involved in the capital markets, with SoFi this week attracting five times oversubscription for its third securitization. But as institutional investors clamour for the asset class, there are fears of originate-to-distribute risk resurfacing amid a hunt for yield.

    • 06 Nov 2014
  • Wave of UK RMBS put on hold as sterling investors keep cash

    Tight-fisted sterling investors tested the nerve of securitization issuers this week, and though there is more UK asset-backed supply imminent, bankers now fear the poor state of the market has virtually destroyed their chances of placing an anticipated wave of deals from the country’s large banks before Christmas.

    • 06 Nov 2014
  • Euro market proves solid for LeasePlan’s fleet ABS

    In a week when the sterling market has been showing its ugly side, LeasePlan’s return to fleet leasing ABS has given those involved in the deal hope that it can stabilise a euro market that has also given ABS syndicates a few headaches in the past few weeks.

    • 06 Nov 2014
  • Market divided on impact of GOP victory on CLOs

    CLO market participants could not agree on the potential impact of a Republican majority in the Senate on risk retention and the Volcker rule — two of the regulatory developments that have weighed on the market this year.

    • 05 Nov 2014
  • Hercules launches first revolving venture capital ABS

    Hercules Technology Growth Capital priced the first venture capital securitization backed by a revolving pool of loans on Tuesday, a structure the firm's CEO said reduces prepayment risk. The firm intends to 'pursue' the securitization market more regularly, he added.

    • 05 Nov 2014
  • SoFi gets 5x oversub for third securitization

    Morgan Stanley and Goldman Sachs pulled in more than $1.5bn of orders for San Francisco online lending platform SoFi's third securitization of student loan refinancings on Wednesday, GlobalCapital understands.

    • 06 Nov 2014

People News

  • B2R brings on first CEO as multi-borrower deal eludes market

    B2R Finance hired Jason Hogg as its first CEO on Monday. His appointment comes amid anticipation for a multi-borrower single-family securitization from B2R.

    • 17 Nov 2014
  • CSAM to make new London credit hire

    Credit Suisse Asset Management is looking for a new credit analyst to join its credit investments group in London, as it gears up to issue its first euro CLO of the year.

    • 10 Nov 2014
  • BMO targets mid-cap growth in US

    BMO Capital Markets has appointed a new global head of investment and corporate banking and a new global head of trading products, as it ‘commits’ to increasing its US market share in the mid-cap space. The bank has also appointed new heads of US and Canadian investment and corporate banking.

    • 04 Nov 2014
  • Moody’s Analytics to hire two researchers for SF Portal

    Moody’s Analytics is looking for two full time researchers to create research papers and webinars showcasing data from its Structured Finance Portal, which was initially focused just on CLOs but is growing into ABS and RMBS — a process which will be sped up by Moody’s Corporation’s acquisition of data provider Lewtan.

    • 31 Oct 2014
  • Serone partner joins DB in CRE special situations

    A former Serone Capital Management partner and seasoned structured credit professional has joined Deutsche Bank’s special situations group.

    • 31 Oct 2014
  • CircleBack beefs up staff

    Online consumer lending platform CircleBack Lending, which has teamed up with Jefferies to securitize up to $500m of the loans it originates, is “aggressively” expanding its staff to deal with increased business.

    • 16 Oct 2014
  • JPM combines debt syndicate, O’Grady and LoBue to co-head

    JP Morgan is bringing all of its fixed income syndicate teams together under new global co-heads Ryan O’Grady and Bob LoBue.

    • 15 Oct 2014
  • Nomura loses credit sales chief

    Nomura’s head of leveraged credit sales has left the bank’s New York office.

    • 14 Oct 2014
  • Lloyds replaces Boz with ex-Barclays FIG boss

    Lloyds Bank has hired Allen Appen from Barclays to fill a new role created after the departure of Robert ‘Boz’ Plehn, Lloyds’ former head of asset-backed securities, earlier this year.

    • 09 Oct 2014
  • Onex hires for growing European CLO market

    Onex Credit Partners, the collateralised loan obligation manager arm of Canada’s Onex Corporation, is making a push into the expanding European CLO market with a new hire, the firm announced today. The move comes amid a growing trend of US managers trying to access European investors.

    • 08 Oct 2014
  • Structured chief heads to Mitsubishi

    Mitsubishi UFJ Financial Group has hired a well-known credit structurer to play a senior role in its structured products business

    • 09 Oct 2014
  • Citi adds RMBS distribution head

    Citi has added the new role of head of RMBS distribution to its mortgage and credit structuring business.

    • 07 Oct 2014
  • Covenant hires new PM as second deal nears

    Covenant Credit Partners, which is about to price its second collateralised loan obligation, has hired a new portfolio manager to join its management team.

    • 06 Oct 2014
  • Cantor hires in US CLOs, looks to replace in London

    Cantor Fitzgerald has hired a collateralised loan obligation trader in its New York office, as it seeks to build out its new issue CLO business. At the same time, it is looking to replace its head of euro CLO origination, who is no longer with the firm.

    • 01 Oct 2014
  • HSBC appoints new global head of leveraged and acquisition finance

    Richard Jackson, co-head of leveraged and acquisition finance (LAF) at HSBC, has been made global head of that division.

    • 01 Oct 2014
  • PineBridge hires structured credit expert

    PineBridge Investments, a global asset manager overseeing around $73bn, has hired a veteran structured credit trader and investor with a background in CLOs as a portfolio manager in its New York office.

    • 29 Sep 2014
  • Fannie operations head to step down

    The chief operating officer of Fannie Mae, the government-sponsored entity which provides the largest source of funding for US mortgages, is stepping down. Joy Cianci will take over some of his responsibilities.

    • 24 Sep 2014
  • UBS loses credit structuring head

    UBS has lost a long-serving senior official from its credit structuring business.

    • 22 Sep 2014
  • CLO lawyer returns to Cadwalader in London

    A top securitization lawyer has rejoined Cadwalader, Wickersham & Taft to expand the firm’s structured finance practice in London.

    • 16 Sep 2014
  • Grant Thornton hires director for securitization valuation

    Grant Thornton has hired a former DTCC securitization valuation specialist for its forensic and valuation services practices in New York.

    • 15 Sep 2014
  • RBC hires from RBS for agency MBS

    Royal Bank of Canada has added to its growing securitization team, hiring a CLO trader from Royal Bank of Scotland’s shrinking securitization team.

    • 10 Sep 2014
  • Jones Day beefs up securitization team

    Global law firm Jones Day has hired an expert CLO lawyer in London within a week of hiring a new high yield partner, and plans to add more partners as the structure finance markets expand.

    • 10 Sep 2014
  • Pimco raids banks as diversification push hits Europe

    Pimco has relocated a US-based structured credit veteran to London to head its European structured product group, as well as making a swathe of hires from investment banks for its London real estate team as it its latest effort to diversify away from bonds.

    • 10 Sep 2014
  • Spire Partners hires CIO from 3i

    Robert Reynolds has joined Spire, the European leveraged debt asset manager, as chief investment officer and partner.

    • 10 Sep 2014
  • Ex-RBS strategist to lead Bayview CLO push

    A CLO strategist who left Royal Bank of Scotland’s dwindling Stamford, Connecticut office last month is set to move to a Florida-headquartered mortgage specialist to lead a push into the booming US CLO market.

    • 09 Sep 2014
  • Highland grows structured team, set to hire more

    Dallas-based investment firm Highland Capital Management has hired a new loan and high yield bond trader to support its growing structured products team, and wants to make two more hires this year.

    • 09 Sep 2014
  • Hazelwood adds another to Mitsubishi securitization team

    Mitsubishi UFJ’s head of structured products, Tricia Hazelwood, has added another salesperson to her growing team, this time sourcing the new hire from Royal Bank of Scotland’s shrinking US capital markets business.

    • 04 Sep 2014
  • Värde hires RBS conduit pro to head capital markets

    Värde Partners has hired a securitization structurer from RBS as head of capital markets.

    • 04 Sep 2014
  • Mayer Brown hires LatAm structured expert in DC

    Mayer Brown is welcoming back an expert in Latin American project finance, structured finance and acquisition financing to its Washington, DC office.

    • 02 Sep 2014
  • Up-and-coming CLO shop adds analyst

    A new North Carolina-based CLO manager is continuing to build up its small team, adding another analyst with the eventual aim of run high-diversity portfolios.

    • 27 Aug 2014
  • One in, one out at CIFC board

    CIFC Asset Management, one of the most active CLO managers in the US, has appointed a former Ares Management senior partner to its board of directors. Another CIFC board member has resigned.

    • 26 Aug 2014
  • Moelis-backed CLO manager hires analyst from CIFC

    A CLO manager set up earlier this year by Moelis Asset Management has hired a fund analyst from CIFC Asset Management to join its growing team.

    • 18 Aug 2014
  • Lloyds goes for securitization growth as RBS’s structured exodus accelerates

    Lloyds Banking Group is continuing its push into the US credit and asset-backed securities markets but is taking a very different approach to that of Royal Bank of Scotland, whose Connecticut office had several more structured credit departures this week amid its retrenchment in the country.

    • 13 Aug 2014
  • Another CLO expert leaves RBS

    A well-known face on CLO conference panels is the latest departure from Royal Bank of Scotland’s US office in Stamford, Connecticut, as the bank sheds its staff in that market.

    • 14 Aug 2014
  • RBS continues cuts into US mortgage team

    At least two more mortgage experts have left Royal Bank of Scotland in Connecticut as the bank shrinks its US footprint across multiple businesses.

    • 13 Aug 2014
  • CLO experts leave RBS for CIFC

    CIFC Asset Management has picked up two CLO bankers from Royal Bank of Scotland's US headquarters in Stamford, Connecticut, as the UK government-owned bank retrenches from the market.

    • 13 Aug 2014
  • Ignis veteran leaves for TwentyFour AM

    Ignis Asset Management’s former head of credit is leaving the firm to join Twenty Four Asset Management, following Ignis’s takeover by Standard Life last month.

    • 11 Aug 2014

Top RMBS Stories

Comments? Questions? Tips?

Will Caiger-Smith
Securitization Editor
+44 (0)207 779 7323 
will.caiger-smith@globalcapital.com

Ryan Bolger
New York Reporter
+1 212 224-3243
ryan.bolger@globalcapital.com

Tom Porter
European Securitization Editor
+44 (0)207 779 7324
tom.porter@globalcapital.com

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CLO

IssuerArrangerSize ($M)
TCW Asset Management Co.,Figueroa CLO 2014-1 Wells Fargo413.06
Regiment Capital Advisors, Cavalry CLO VDeutsche Bank368.45
Voya Alternative Asset Management, Voya 2014-4JPMorgan607.00

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 JPMorgan 62,197.58 156 10.31%
2 Barclays 54,615.37 137 9.05%
3 Bank of America Merrill Lynch 53,519.04 153 8.87%
4 Citi 53,036.17 137 8.79%
5 Credit Suisse 52,682.77 126 8.73%

Financing Record (MBS)

IssuerPriceTotal Amount ($ Millions)
Nations Equip Fin Funding II100.0010.70
Nations Equip Fin Funding II100.0012.60
Nations Equip Fin Funding II100.00149.80

Priced Deals

IssuerMaturitySize
Westpac28-Nov-17350
ING Bank27-Nov-14250
Erste Group Bank26-May-25500

Bookrunners of European Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Nov 2014
1 JPMorgan 10,126.99 20 6.77%
2 Bank of America Merrill Lynch 5,385.41 13 3.60%
3 Deutsche Bank 5,357.92 17 3.58%
4 HSBC 4,482.67 12 3.00%
5 Citi 4,083.79 11 2.73%