GMAC Upsizes Latest Deal Amid Strong Demand

GMAC’s recent securitization of retail auto loans, Capital Auto Receivables Asset Trust 2008-2, was increased on its way to market on the back of heavy investor demand.

  • 14 May 2008

-- Leo Shvartsman

GMAC’s recent securitization of retail auto loans, Capital Auto Receivables Asset Trust 2008-2, was increased on its way to market on the back of heavy investor demand. Initially sized at $1.3 billion, the deal grew to about $1.58 billion, according to one syndicate official. Bank of ...

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 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 118,826.70 342 11.07%
2 Bank of America Merrill Lynch 94,721.79 272 8.82%
3 JPMorgan 92,878.89 270 8.65%
4 Wells Fargo Securities 82,807.12 240 7.71%
5 Credit Suisse 70,475.74 184 6.57%