Deutsche Bank Wins Allstate Portfolio

Deutsche Bank won a $38 million portfolio auctioned off by Allstate as the market digested a couple of portfolio sales.

  • 10 Dec 2004
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Deutsche Bank won a $38 million portfolio auctioned off by Allstate as the market digested a couple of portfolio sales. The cover bid for the Allstate sale was 101.24. One trader said Allstate was looking to unload the paper before year-end. Officials at Allstate and Deutsche Bank declined comment. A seller was also rumored to be looking to offload an $83 million portfolio of 70 loans split between par and stressed names last week, said traders. LMW incorrectly identified Franklin Advisers as the seller (LMW, 12/7). A Franklin spokeswoman stated that Franklin did not conduct an auction.

  • 10 Dec 2004

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Citi 118,624.20 342 12.90%
2 Bank of America Merrill Lynch 99,769.11 286 10.85%
3 Wells Fargo Securities 87,449.35 261 9.51%
4 JPMorgan 67,955.87 206 7.39%
5 Credit Suisse 50,788.13 152 5.52%