Banks Line Up Buyers For B-Pieces

BlackRock and a small cadre of yield-chasing investors have inked agreements to buy the b-pieces on about $8 billion of commercial mortgage-backed securities deals slated for the first quarter.

  • 06 Jan 2011

--Joy Wiltermuth and Graham Bippart

BlackRock and a small cadre of yield-chasing investors have inked agreements to buy the b-pieces on about $8 billion of commercial mortgage-backed securities deals slated for the first quarter. BlackRock is anchoring JPMorgan Chase’s roughly $1.5 billion conduit deal and is also scooping up ...

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 Citi 3,237 10 19.12
2 Goldman Sachs 2,096 5 12.39
3 Morgan Stanley 1,965 5 11.61
4 BNP Paribas 1,686 6 9.96
5 Barclays 1,565 4 9.25

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 33,499.81 106 11.84%
2 JPMorgan 26,026.16 75 9.20%
3 Wells Fargo Securities 25,325.15 70 8.95%
4 Bank of America Merrill Lynch 23,157.33 74 8.18%
5 Barclays 17,494.57 59 6.18%