Tesco rolled out a novel securitization backed by supermarket assets and leases at the end of January 2012, which, unlike a typical CMBS trade, was tied closely to the performance of the firm’s business. [The U.K. supermarket company this week was readying a follow-on deal, a credit-tenant linked CMBS backed by a single loan secured on seven assets).]
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!Free trial
Read the magazine on your mobile device
Most Viewed: Securitization
Latest news by market and league table performance
|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|4||Bank of America Merrill Lynch (BAML)||3,104||10||7.97|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|3||Bank of America Merrill Lynch||51,474.08||169||7.59%|
|4||Wells Fargo Securities||51,322.59||157||7.57%|