Top stories

  • Credit Suisse preps marketplace loan ABS

    Credit Suisse is in the market this week with a $180.21m ABS offering backed by unsecured consumer loans originated by online lender loanDepot, and is already drawing heavy demand from investors.

    • 20 Jun 2018

  • Janus to challenge Blackrock, Vanguard with new MBS ETF

    Janus Henderson filed documents with the Securities and Exchange Commission on Wednesday announcing the launch of an actively managed exchange-traded fund (ETF) set to outperform the Bloomberg Barclays US mortgage-backed securities Index, which are tracked by several MBS ETFs.

    • 20 Jun 2018
  • Capital injection for GSEs unlikely to upend mortgage finance

    The Federal Housing Finance Agency has published new guidelines that would require Fannie Mae and Freddie Mac, the two government sponsored enterprises (GSEs) that sit at the heart of the US RMBS market, to increase their loss reserves from $3bn to $180bn, worth roughly 325bp of their assets and off-balance sheet guarantees.

    • 20 Jun 2018
  • Clydesdale makes RMBS return with new Lanark deal

    Bank of America Merrill Lynch, as sole arranger, together with joint leads Barclays, Citigroup, and Lloyds Bank announced a prime RMBS from Clydesdale Bank’s master trust programme on Wednesday.

    • 20 Jun 2018
  • LaSalle sticks to its guns as Blackstone builds out high-end urban hotel portfolio

    Real estate investment trust LaSalle Hotel Properties on Monday batted down yet another takeover bid from Pebblebrook Hotel Trust, nearly one month after LaSalle agreed to be acquired by Blackstone fund Real Estate Partners VIII for $3.7bn. LaSalle owns 41 commercial properties across the US, including two high-end resorts in Key West and the luxury Gild Hall hotel in New York.

    • 19 Jun 2018
  • Lloyds floats price talk for prime RMBS

    Lloyds has attracted more than $1.3bn of interest for the dollar denominated 1.95 year triple-A '1A1' notes of its Permanent 2018-1 prime UK RMBS deal, as well over £800m of orders for the 2.8 year sterling triple-A ‘1A2’ tranche, with estimates of £1bn-£1.25bn in total issuance.

    • 19 Jun 2018
  • Goldman, Mosaic ready co-sponsored solar ABS

    Goldman Sachs and residential solar finance firm Mosaic are preparing to jointly issue a new solar loan securitization, Mosaic Solar Loan Trust 2018-2-GS.

    • 18 Jun 2018
  • Range of CMBS deals line up as market heads into summer

    A flurry regulatory documents filed on Thursday and Friday point to a number of CMBS deals hitting the market this week, including conduit deals from Wells Fargo and UBS and several single asset-single borrow (SASB) deals. CRE CLOs are also on the radar, as that market experiences a "frenzy" of activity.

    • 18 Jun 2018
  • Euro ABS pipeline swells post-conference

    The primary European ABS market has sparked to life since the annual Global ABS event in Barcelona earlier this month, with announcements last week of German-Dutch CMBS, Spanish RMBS, UK RMBS and Italian NPL deals, as well as a prime UK credit card ABS announced on Monday.

    • 18 Jun 2018
  • Freddie's CRT programme reaches $1tr mark but collateral running short

    Freddie Mac has officially transferred more than $1tr worth of mortgage risk via its credit risk transfer (CRT) RMBS programme, bringing the total amount of mortgage principal risk shifted away from both Fannie Mae and Freddie Mac since 2013 to over $2.25tr.

    • 15 Jun 2018
  • Pair of single borrower CMBS price, while CRE CLOs see more action

    A pair of single borrower deals were priced this week — the hotel-backed AHTP 2018-ATRM and WFCM 2018-1745, a securitization of a $319m loan partially used to refinance an office complex on 1745 Broadway in New York. Meanwhile, the market for commercial real estate CLOs is showing no signs of fatigue.

    • 15 Jun 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 60,171.95 171 11.52%
2 Bank of America Merrill Lynch 54,980.53 146 10.53%
3 Wells Fargo Securities 39,794.15 117 7.62%
4 JPMorgan 39,624.65 113 7.59%
5 Credit Suisse 30,978.90 74 5.93%

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Max Adams
Securitization Editor
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New York Reporter
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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 9,725 17 21.27
2 JP Morgan 4,494 5 9.83
3 Citi 4,296 9 9.40
4 Bank of America Merrill Lynch (BAML) 3,067 11 6.71
5 Lloyds Bank 2,346 10 5.13

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 60,171.95 171 11.52%
2 Bank of America Merrill Lynch 54,980.53 146 10.53%
3 Wells Fargo Securities 39,794.15 117 7.62%
4 JPMorgan 39,624.65 113 7.59%
5 Credit Suisse 30,978.90 74 5.93%