CréditAg's $3bn capital deal starts green ABS race

The revival of banks using securitization to free up regulatory capital could open new possibilities for accelerating the financing of a greener economy, as a ground-breaking deal demonstrated this week, write Jon Hay and David Bell.

  • By David Bell, Jon Hay
  • 09 Mar 2017
Crédit Agricole has concluded a deal with Mariner Investment Group, a New York hedge fund, in which it will free up about 75% of the capital it holds against a $3bn portfolio of 200 infrastructure and project finance loans. A Mariner fund guarantees the roughly 5% first loss ...

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Global Green Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 8,012.35 65 7.03%
2 HSBC 7,415.56 49 6.51%
3 BNP Paribas 5,849.54 39 5.13%
4 JPMorgan 5,394.02 37 4.73%
5 Citi 5,031.45 24 4.42%