Watermark
Go to Asia edition
FIG

Heritage shows creative side on A$500m RMBS

Heritage Building Society launched a A$500m ($535.2m) residential mortgage-backed securitisation this week, its first public deal in over five years. The issuer adopted a structure that resembles other recent Australian deals — but it had to get creative to do so.

  • 07 Jul 2011
The lender is splitting its transaction between a A$468.5m ‘Class A’ tranche that has a 2.8 year weighted average life — in line with other recent deals that have pitched a three year tenor — and a A$13.5m ‘AB’ note and A$18m ‘B’ note that both have a ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

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.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 HSBC 9,704.99 54 5.47%
2 UniCredit 9,192.82 61 5.18%
3 LBBW 8,744.00 54 4.92%
4 Natixis 8,477.22 42 4.77%
5 Credit Suisse 8,000.81 42 4.51%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Bank of America Merrill Lynch 64,476.14 226 6.61%
2 JPMorgan 62,964.77 247 6.46%
3 Citi 60,560.65 279 6.21%
4 Goldman Sachs 57,350.04 460 5.88%
5 Morgan Stanley 51,082.94 274 5.24%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Bank of America Merrill Lynch 53,845.06 188 11.17%
2 JPMorgan 53,164.23 178 11.03%
3 Citi 49,015.06 220 10.17%
4 Goldman Sachs 42,718.58 406 8.86%
5 Morgan Stanley 39,461.23 214 8.19%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Natixis 6,511.67 24 7.26%
2 UniCredit 5,302.66 21 5.91%
3 Deutsche Bank 5,002.94 16 5.58%
4 LBBW 4,987.08 21 5.56%
5 Commerzbank Group 4,984.41 19 5.56%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 HSBC 4,729.28 11 10.98%
2 Barclays 3,919.93 12 9.10%
3 UBS 3,374.07 13 7.83%
4 BNP Paribas 3,351.70 12 7.78%
5 Credit Agricole CIB 2,490.29 7 5.78%