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).]
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Latest news by market and league table performance
|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|2||Bank of America Merrill Lynch (BAML)||9,637||29||10.93|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|2||Bank of America Merrill Lynch||104,113.90||304||8.90%|
|4||Wells Fargo Securities||93,728.92||276||8.01%|