Skopos makes ABS return after trimming fat

Skopos Financial, a lender specializing in deep subprime auto finance, is back in the securitization market after a two year pause, in which the company downsized and tightened underwriting standards.

  • By Sasha Padbidri
  • 07 Mar 2018
Skopos last appeared in the market in October 2015 with its first rated securitization. In the first half of 2016, the company reduced its staff, and shrank originations by cutting off bottom tier loans. It also reduced loan-to-value (LTI) and payment-to-income (PTI) for all loan tiers, according to ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 9,725 17 21.27
2 JP Morgan 4,494 5 9.83
3 Citi 4,296 9 9.40
4 Bank of America Merrill Lynch (BAML) 3,067 11 6.71
5 Lloyds Bank 2,346 10 5.13

Bookrunners of Global Structured Finance

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1 Citi 60,171.95 171 11.52%
2 Bank of America Merrill Lynch 54,980.53 146 10.53%
3 Wells Fargo Securities 39,794.15 117 7.62%
4 JPMorgan 39,624.65 113 7.59%
5 Credit Suisse 30,978.90 74 5.93%