Fed rate rises expected to dampen CMBS in 2018, says Kroll

The unwinding of the Federal Reserve’s balance sheet and anticipated rate rises are expected to put downward pressure on CMBS issuance next year, said Kroll Bond Rating Agency on Tuesday.

  • By David Bell
  • 21 Nov 2017

The American CMBS market has had a surprisingly strong year, with a full year volume expected to potentially hit $90bn, comfortably outstripping the $70bn sold last year, despite the new burden of risk retention requirements.

But in its ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 4,296 9 12.88
2 BNP Paribas 3,026 10 9.07
3 Bank of America Merrill Lynch (BAML) 2,824 9 8.46
4 Lloyds Bank 2,213 9 6.63
5 Credit Agricole 2,025 6 6.07

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 45,536.99 131 11.48%
2 Bank of America Merrill Lynch 42,332.13 117 10.67%
3 Wells Fargo Securities 33,822.43 98 8.53%
4 JPMorgan 31,087.25 89 7.84%
5 Credit Suisse 24,807.99 61 6.25%