Watermark
Go to Asia edition

Kroll rates first European CMBS transaction

Salus European Loan Conduit No. 33 DAC, a £367m single asset CMBS, was priced last Friday with marks from Kroll Bond Rating Agency. It is the first European CMBS deal to be rated by the agency since it opened its European operation in 2017.

  • By Asad Ali
  • 10 Dec 2018

The deal follows the approval of Kroll’s methodology a few months ago. The rating agency has one dedicated CMBS analyst in Dublin and is supported by a CMBS team in New York.

As well as assigning ratings on three public European securitization deals in 2018, Kroll is also involved ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

Corporate access

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

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
View full table
1 BNP Paribas 5,997 17 15.40
2 Citi 4,679 16 12.02
3 Lloyds Bank 3,158 6 8.11
4 Bank of America Merrill Lynch (BAML) 3,104 10 7.97
5 Morgan Stanley 3,066 8 7.88

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 69,310.90 231 10.47%
2 JPMorgan 63,935.25 195 9.66%
3 Wells Fargo Securities 51,322.59 157 7.76%
4 Bank of America Merrill Lynch 50,413.91 166 7.62%
5 Credit Suisse 46,981.53 148 7.10%