BBB Credit Card Paper First To Be Broadly Placed In Months

Citibank has priced a $500 million BBB credit card tranche, which could be the first such deal to be broadly distributed in months.

  • 20 Jun 2008

-- Leo Shvartsman

Citibank has priced a $500 million BBB credit card tranche, which could be the first such deal to be broadly distributed in months. The pricing of Citibank Credit Card Issuance Trust 2008-C6 may open to the door to lower-rated auto and student loan asset-backed securities as ...

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 4,347 16 18.54
2 Morgan Stanley 2,420 6 10.32
3 BNP Paribas 2,402 10 10.25
4 Goldman Sachs 2,096 5 8.94
5 Bank of America Merrill Lynch (BAML) 2,086 9 8.90

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 51,387.38 167 10.62%
2 JPMorgan 44,557.52 134 9.21%
3 Wells Fargo Securities 38,189.39 113 7.89%
4 Bank of America Merrill Lynch 36,645.21 121 7.57%
5 Credit Suisse 31,939.48 103 6.60%