Top stories

  • CIFC turns to European credit, CLOs yet to come

    CIFC Asset Management, one of the largest CLO managers in the world, has recently turned its attention to Europe, with the hire of Joshua Hughes to start marketing and fundraising for European loan investments. It is planning to build out the business in the coming months with more London-based hires, including a senior investment professional to lead that side of the business — but it’s not diving headfirst into the increasingly crowded European CLO market.

    • 19 Jul 2018

  • CommonBond to issue student loan ABS

    CommonBond and Goldman Sachs are prepping a student loan-backed ABS issuance.

    • 19 Jul 2018
  • Golub prints jumbo $1bn middle market CLO

    US middle market CLOs sprung back to life this week with a $1bn deal from Golub Capital, the first new issue of the month.

    • 19 Jul 2018
  • Morgan Stanley mandated for new issue UK RMBS deal

    Morgan Stanley has been mandated as sole arranger and joint lead manager with Barclays for Towd Point Mortgage Funding 2018-Auburn 12, in what may be one of the final ABS announcements before the seasonal summer lull in Europe.

    • 19 Jul 2018
  • CLO “machine” steamrolling traditional CRE players

    Sources speaking with GlobalCapital on Wednesday said that the growth of the commercial real estate CLO market is gnawing away at lenders’ ability to keep underwriting standards high and remain competitive, pushing out traditional sources of debt capital in favour of debt funds and other alternative providers.

    • 18 Jul 2018
  • Marlette’s Best Egg hatches securitization

    Marlette is securitizing upwards of $400m of unsecured consumer loans held by its Best Egg platform.

    • 18 Jul 2018
  • Eagle Point targets double-B CLO debt with new fund

    CLO equity investor Eagle Point Credit Management has filed documents with the Securities Exchange Commission to set up a new closed-end CLO debt fund that will target double-B rated tranches.

    • 18 Jul 2018
  • Investors ‘complacent’ in late cycle US levfin

    Corporate fundamentals paint a rosy picture of the health of US leveraged finance markets, but investors are getting complacent given the erosion of creditor protections and the rumbling threat of trade wars, wrote Guggenheim analysts on Wednesday.

    • 18 Jul 2018
  • Clifden rebuffed in attempt to appoint Fairhold administrator

    Clifden IOM, the fund which failed in its tender offer for UK non-conforming RMBS bonds from the RMAC series earlier this year, is still on the hunt for assets from the issuer of Fairhold Securitisation, a pre-crisis distressed CMBS backed by UK ground rents.

    • 18 Jul 2018
  • US Court of Appeals rules FHFA unconstitutional

    A divided panel of three appellate judges ruled late on Monday that the organization of the Federal Housing Finance Agency (FHFA), which oversees US mortgage giants Fannie Mae and Freddie Mac, violates the spirit of the US Constitution.

    • 17 Jul 2018
  • Money360 preps first CRE CLO as new players muscle in

    Money360, a small commercial real estate lender, is joining a number of new issuers who are securitizing floating rate bridge and transitional loans.

    • 17 Jul 2018


The GlobalCapital View logo   Comment

  • Secrecy is not an option

    A panel on gender parity in the workplace, hosted by Women’s Energy Network (WEN) last Wednesday in New York, pulled no punches in demanding that Wall Street stop hiding behind a culture that uses settlements to deal with sexual misconduct.

    • 20 Mar 2018

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Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 71,838.88 206 11.37%
2 Bank of America Merrill Lynch 61,812.39 171 9.78%
3 Wells Fargo Securities 50,159.53 146 7.94%
4 JPMorgan 49,089.37 141 7.77%
5 Credit Suisse 39,020.67 99 6.18%

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Max Adams
Securitization Editor
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New York Reporter
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sasha.padbidri@globalcapital.com

Graham Bippart

European Securitization and Fixed Income Editor
+44 (0)207 779 8715
graham.bippart@globalcapital.com


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Mark Goodes
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George Williams
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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 18.00
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.42
3 Citi 5,130 13 8.76
4 JP Morgan 4,681 6 7.99
5 Lloyds Bank 3,389 13 5.79

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 71,838.88 206 11.37%
2 Bank of America Merrill Lynch 61,812.39 171 9.78%
3 Wells Fargo Securities 50,159.53 146 7.94%
4 JPMorgan 49,089.37 141 7.77%
5 Credit Suisse 39,020.67 99 6.18%