Shawbrook contemplates RMBS debut

Shawbrook, a UK challenger bank advised by Bank of America Merrill Lynch and Goldman Sachs during its 2017 takeover by private equity, is waiting in the wings with a debut RMBS offering.

  • By Tom Brown
  • 08 Jan 2019

Shawbrook, sources said, is waiting for market conditions to improve before issuing its maiden RMBS deal.

“We are considering RMBS securitization as part of our overall funding strategy, although no final decision has been made on the date," said Richard Armstrong, group head of marketing and communications. “Shawbrook

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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 15,256 32 16.83
2 Bank of America Merrill Lynch (BAML) 10,179 30 11.23
3 Citi 9,751 23 10.76
4 Lloyds Bank 7,329 24 8.09
5 JP Morgan 6,580 10 7.26

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 RBC Capital Markets 251.51 1 25.00%
1 MUFG 251.51 1 25.00%
1 Credit Agricole CIB 251.51 1 25.00%
1 Bank of America Merrill Lynch 251.51 1 25.00%
Subtotal 1,006.02 1 100.00%