Green Apple Dutch RMBS doesn't fall far from the tree

Argenta Spaarbank is issuing a new Dutch residential mortgage securitization via arranger ABN Amro. It has three tranches backed by Dutch owner-occupied mortgages and is structured in a similar fashion to the issuer’s previous deals.

  • By Tom Brown
  • 05 Jun 2019

Green Apple 2019-2, which has a notional amount of €690.6m, will offer a senior tranche with a coupon of 40bp over three month Euribor and two unrated tranches. DBRS and Fitch gave the class ‘A’ notes the provisional ratings of AAA.

The deal will also be compliant ...

Please take a trial or subscribe to access this content.

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

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
1 Citi 3,691 11 20.69
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.77

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 47,881.49 152 10.95%
2 JPMorgan 40,615.47 114 9.29%
3 Wells Fargo Securities 37,061.63 106 8.48%
4 Bank of America Merrill Lynch 32,097.67 104 7.34%
5 Credit Suisse 28,257.94 85 6.46%