Euro Volatility Spooks Investors From Santander Auto ABS

Volatility in the European financial markets this morning has forced Santander Consumer Bank to shelve its latest EUR 600 million ($839 million) German auto securitization, SC Germany Auto 2011.

  • 12 Jul 2011

Volatility in the European financial markets this morning has forced Santander Consumer Bank to shelve its latest EUR 600 million ($839 million)German auto securitization, SC Germany Auto 2011.

Natixis, WestLB and Santander syndication officials took the decision this morning after spreads on Italian credit default swaps gapped out ...

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 11.54%
2 Bank of America Merrill Lynch 66,433.81 187 9.43%
3 Wells Fargo Securities 57,637.40 170 8.18%
4 JPMorgan 53,570.42 158 7.61%
5 Credit Suisse 45,349.30 117 6.44%