Credit Suisse preps marketplace loan ABS

Credit Suisse is in the market this week with a $180.21m ABS offering backed by unsecured consumer loans originated by online lender loanDepot, and had already received heavy demand from investors as of late Wednesday.

  • By Max Adams
  • 20 Jun 2018
CSABS 2018-LD1 comprises four classes of notes rated A- to B+ by Kroll Bond Rating Agency. The deal is expected to “move very fast”, and is already three to four times oversubscribed for the ‘C’ and ‘D’ classes, and almost fully subscribed on classes ‘A’ and ‘B’, according ...

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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%