Auto issuers hit the gas, buckle up for trade war

A pair of auto ABS deals from Ford Motor Company and OneMain Financial are about to hit the market as President Donald Trump’s trade policy threatens a bumpy ride ahead for US car manufacturers.

  • By Fotios Tsarouhis
  • 13 Jul 2018

Ford is issuing a three-tranche securitization comprising a $750m class 'A' tranche, class 'B' and 'C' tranches which are $30.9m each.

Citi is acting as lead structuring agent and joint bookrunner on the deal, 2018-REV2, will be backed by a revolving pool of new and used automobile contracts ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.59%
2 Bank of America Merrill Lynch 66,338.04 186 9.46%
3 Wells Fargo Securities 56,344.19 164 8.03%
4 JPMorgan 53,381.65 156 7.61%
5 Credit Suisse 44,872.46 115 6.40%