Honda Seniors Price At Record Spreads

American Honda Finance priced its latest auto loan securitization, HAROT 2012-3, on Tuesday with the deal’s A1 bonds coming in at record-tight spreads for the auto-loan securitization sector.

  • 18 Jul 2012

American Honda Finance priced its latest auto loan securitization, HAROT 2012-3, on Tuesday with the deal’s A1 bonds coming in at record-tight spreads for the auto-loan securitization sector. Investor demand drove up the offering from $1.25 billion to $1.5 billion.

The $438.5 million money market tranche, rated P-1/F1+ by ...

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 81,261.11 236 11.59%
2 Bank of America Merrill Lynch 66,338.04 186 9.46%
3 Wells Fargo Securities 56,344.19 164 8.03%
4 JPMorgan 53,381.65 156 7.61%
5 Credit Suisse 44,872.46 115 6.40%