Phedina Dutch RMBS bucks market softness

BNP Paribas Personal Finance beat out deteriorating conditions to price its €1bn Phedina Hypotheken 2013-1 Dutch residential mortgage-backed deal in line with earlier guidance. Widespread softening has caused other new issue paper to print wider than anticipated this week.

  • By Joseph McDevitt
  • 13 Jun 2013
The 1.92 year €175m class ‘A1’ tranche, assigned triple-A equivalent ratings by Fitch Ratings and Standard & Poor’s, was priced at three month Euribor plus 30bp and was mostly retained. The longer 4.96 year €765m 'A2s', also rated triple-A, was printed at 85bp above the same benchmark, in ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Dec 2017
1 Citi 120,318.45 348 12.72%
2 Bank of America Merrill Lynch 104,269.08 299 11.02%
3 Wells Fargo Securities 88,761.07 266 9.38%
4 JPMorgan 69,240.12 209 7.32%
5 Credit Suisse 51,560.77 157 5.45%