Latest CMBS prices, as US buyers skew away from retail exposures

Bank of America Merrill Lynch, Wells Fargo and Morgan Stanley priced a $1bn CMBS conduit deal at the end of last week, as investors steer towards bank-originated assets and away from seasoned deals with higher levels of retail exposure.

  • By David Bell
  • 10 Apr 2017
Pricing of BANK 2017-BNK4’s $269.43m benchmark 10 year triple-A piece came in at 95bp over swaps, 3bp tighter than the previous deal from the shelf. The BBB- piece was priced at 375bp, wide of guidance at ...

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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) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 1,712.34 6 12.44%
2 SG Corporate & Investment Banking 1,292.64 1 9.39%
2 Rabobank 1,292.64 1 9.39%
4 Mizuho 1,215.54 3 8.83%
5 Wells Fargo Securities 1,012.71 4 7.36%