NYC Preps Tax Lien ABS

The City Of New York is marketing a $66.75 million asset-backed securities transaction backed by municipal tax liens, with pricing expected Wednesday or Thursday.

  • 31 Jul 2012

The City Of New York is marketing a $66.75 million asset-backed securities transaction backed by municipal tax liens, with pricing expected Wednesday or Thursday.

The single-tranche deal, which Standard & Poor’s expects to rate AAA, has been structured with a fixed interest rate. Price guidance is not yet ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15