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 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 94,444.52 266 11.16%
2 Bank of America Merrill Lynch 79,057.17 220 9.35%
3 Wells Fargo Securities 69,655.75 196 8.23%
4 JPMorgan 69,110.65 196 8.17%
5 Credit Suisse 56,930.26 144 6.73%