Autos Tighten Past Guidance Amid Filled Pipeline

Deals from Hyundai Capital America and Toyota Motor Credit have both priced, with pricing spreads coming in tighter than initial guidance as investors flock back to the market to take down $7.8 billion in new-issue asset-backed securities.

  • 11 Sep 2013

Deals from Hyundai Capital America and ToyotaMotor Credit have both priced, with pricing spreads coming in tighter than initial guidance as investors flock back to the market to take down $7.8 billion in new-issue asset-backed securities.

Hyundai’s $1.28 billion prime auto loan HART 2013-C saw its top-rated ...

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 BNP Paribas 10,542 20 18.00
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.42
3 Citi 5,130 13 8.76
4 JP Morgan 4,681 6 7.99
5 Lloyds Bank 3,389 13 5.79

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 70,706.73 201 11.50%
2 Bank of America Merrill Lynch 60,472.76 166 9.84%
3 JPMorgan 48,700.30 139 7.92%
4 Wells Fargo Securities 48,082.68 138 7.82%
5 Credit Suisse 38,376.65 95 6.24%