Macquarie Leasing demonstrates US appetite for rare Australian auto lease securitisations

Macquarie Leasing priced the first Australian asset-backed securitisation of the year last week, after making only its second ever approach to US investors. But high costs and complex regulation could prevent other issuers following Macquarie into the US market.

  • 17 Mar 2011
Macquarie increased its deal from A$561.3m ($557m) to A$841.9m to meet demand from 26 investors, including 18 new investors that did not buy the bank’s previous US deal. The bank closed the transaction on March 10. But despite the evident popularity of Australian ABS in the US, other ...

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 15,256 32 16.83
2 Bank of America Merrill Lynch (BAML) 10,179 30 11.23
3 Citi 9,751 23 10.76
4 Lloyds Bank 7,329 24 8.09
5 JP Morgan 6,580 10 7.26

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Wells Fargo Securities 1,276.60 4 17.08%
2 RBC Capital Markets 801.51 2 10.72%
3 Citi 783.55 4 10.48%
4 Credit Suisse 534.82 2 7.16%
5 SG Corporate & Investment Banking 497.64 2 6.66%