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 ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 118,826.70 342 11.07%
2 Bank of America Merrill Lynch 94,721.79 272 8.82%
3 JPMorgan 92,878.89 270 8.65%
4 Wells Fargo Securities 82,807.12 240 7.71%
5 Credit Suisse 70,475.74 184 6.57%