West Brom prices Kenrick RMBS

West Bromwich Building Society has priced Kenrick No 2, the first UK prime residential mortgage securitisation of 2013, with the senior tranche reaching the tight end of guidance.

  • 22 May 2013

JP Morgan was sole lead manager and arranger.

The 3.1 year £380m class ‘A’ tranche was priced at three month Libor plus 65bp on Tuesday, at the tight end of the 65bp-70bp price talk that emerged late on Monday. The £40m 5.15 year class ‘B’ slice, which was ...

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 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 80,818.31 235 11.57%
2 Bank of America Merrill Lynch 66,338.04 186 9.50%
3 Wells Fargo Securities 56,344.19 164 8.07%
4 JPMorgan 53,381.65 156 7.64%
5 Credit Suisse 44,872.46 115 6.43%