Spanish SME ABS Continues Negative Trend

Spain’s small-to medium-sized enterprise asset-backed securities market will remain weak throughout 2010, according to analysts at Moody’s Investors Service.

  • 23 Nov 2009

-- Daniel O’Leary

Spain’s small-to- medium enterprise asset-backed securities market will remain weak throughout 2010, according to analysts at Moody’s Investors Service. Deals originated in 2004 and onward are seeing higher severe delinquency rates than older deals due to less seasoning and the poorer quality of the collateral backing ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.69
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.77

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 47,881.49 152 10.77%
2 JPMorgan 41,018.47 115 9.23%
3 Wells Fargo Securities 37,061.63 106 8.34%
4 Bank of America Merrill Lynch 33,629.70 107 7.56%
5 Credit Suisse 28,660.69 86 6.45%