Lehman Retains Diversity Notes

Lehman Brothers has retained the notes from Diversity Funding 1, the £1.4 billion ($2.83 billion) U.K. commercial mortgage-backed securitization from the firm’s commercial conduit.

  • 28 Nov 2007

-- Daniel Flatt

Lehman Brothers has retained the notes from Diversity Funding 1, the £1.4 billion ($2.83 billion) U.K. commercial mortgage-backed securitization from the firm’s commercial conduit. The portfolio comprises of 863 commercial mortgages bought from Northern Rock and secured by 1,685 properties.

The structure of the Diversity Funding ...

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 12,508 23 18.18
2 Bank of America Merrill Lynch (BAML) 8,059 25 11.72
3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
5 JP Morgan 5,007 7 7.28

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 95,847.77 272 11.13%
2 Bank of America Merrill Lynch 80,029.51 227 9.30%
3 JPMorgan 72,172.60 208 8.38%
4 Wells Fargo Securities 69,859.54 198 8.12%
5 Credit Suisse 58,056.32 149 6.74%