Vivint preps maiden solar ABS deal

Vivint is issuing its debut solar asset securitization, a $355 million offering that marks the year’s first ABS deal to be backed by power purchase agreements and leases.

  • By Fotios Tsarouhis
  • 24 May 2018

The Provo, Utah-based solar shop filed an ABS-15G form with the US Securities and Exchange Commission for Vivint Solar Financing V on Thursday.

Credit Suisse and Citi are bookrunners on the deal, which will be secured on a portfolio of 37,792 leases and PPAs for 259.88 MW of ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 2,007 6 18.96
2 BNP Paribas 1,434 4 13.55
3 Goldman Sachs 1,392 3 13.15
4 Barclays 1,097 2 10.37
5 Morgan Stanley 1,094 2 10.34

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 18,228.90 62 10.55%
2 JPMorgan 17,535.24 47 10.14%
3 Wells Fargo Securities 16,128.82 45 9.33%
4 Bank of America Merrill Lynch 15,717.90 52 9.09%
5 Barclays 12,370.12 42 7.16%