Top stories

  • BAML securitization outlook turns bearish

    Bank of America Merrill Lynch analysts turned bearish on securitization markets this week, saying that the growing US-China trade war and a flatter US Treasury curve were strong reasons to start taking risk off the table.

    • 13 Aug 2018

  • Freddie Mac seasoned CRT, Starwood flagship RMBS deals price

    A number of non-agency RMBS deals were priced at the end of last week, including private label deals from Starwood and Redwood and a seasoned credit risk transfer (CRT) deal from Freddie Mac.

    • 13 Aug 2018
  • US levfin volumes jump after strong earnings season

    Both the US high yield and leveraged loan markets absorbed a flurry of deals at the end of last week, after second quarter results painted a strong picture for corporate earnings.

    • 13 Aug 2018
  • Judge swats down Clifden’s ‘unprincipled asset grab’

    Instead of acting as the saviour of note holders of a distressed pre-crisis CMBS, Clifden IOM’s recent actions were an attempt to profit from the hurriedly arranged appointment of a deal administrator for the Fairhold transaction. It was an ‘unprincipled asset grab’ a High Court Judge told the court on Friday.

    • 13 Aug 2018
  • GSEs inch closer to single securitization platform

    Fannie Mae and Freddie Mac, the government-sponsored enterprises at the heart of US housing finance, are less than a year away from launching a common securitization platform that will rebalance the market to make a more level playing field for their respective securities.

    • 09 Aug 2018
  • TSI appoints new managing director

    True Sale International GmbH (TSI), founded in 2004 to expand the German securitization market, has appointed Jan-Peter Hülbert to steer the group forward with a focus on advancing STS regulation and third party certification, according to a press release on Thursday.

    • 09 Aug 2018
  • Deloitte: London could package new ILS products

    London's finance sector and new technology could expand insurance-linked securities (ILS) outside their traditional domain and package up different risks into tradeable products, according to a Deloitte consultant.

    • 09 Aug 2018
  • WeWork’s footprint in US CMBS set to surpass $1bn

    Kroll Bond Rating Agency this week highlighted the growing exposure CMBS investors have to WeWork, the coworking space company the business model of which has been criticised by some investors for being front loaded with short-term risk.

    • 08 Aug 2018
  • Commercial PACE firms plot regular ABS outings

    Securitizations of commercial Property Assessed Clean Energy (PACE) financings are slowly becoming more common — and with two C-PACE deals notched to date, executives at issuing firms say they plan to be regular sellers.

    • 08 Aug 2018
  • Weakness in UK retail pressures euro CLOs

    Bank of America Merrill Lynch Analysts in a note this week pointed to weakening in UK retail businesses as a pressure point for European CLOs, citing recent poor performance across such sectors as clothing and restaurants.

    • 08 Aug 2018
  • Home retailer Conn's preps new ABS

    Home appliance retailer Conn’s is issuing an ABS backed by sales contracts and loans, its sixth such deal since 2015.

    • 07 Aug 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 79,222.71 230 11.49%
2 Bank of America Merrill Lynch 65,088.22 185 9.44%
3 Wells Fargo Securities 55,825.35 161 8.10%
4 JPMorgan 52,873.25 155 7.67%
5 Credit Suisse 44,197.08 113 6.41%

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Max Adams
Securitization Editor
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max.adams@globalcapital.com

Sasha Padbidri
New York Reporter
+1 212 224-3206

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
+44 (0)207 779 8605
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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 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 79,222.71 230 11.49%
2 Bank of America Merrill Lynch 65,088.22 185 9.44%
3 Wells Fargo Securities 55,825.35 161 8.10%
4 JPMorgan 52,873.25 155 7.67%
5 Credit Suisse 44,197.08 113 6.41%