• Barings brings euro CLO via arranger Goldman Sachs

    Goldman Sachs has released initial price thoughts on a new €407.2m CLO for Barings.

    • 17 Jul 2019
  • Nochu comes back to the US, but stays at edge of euro CLO market

    Norinchukin Bank has re-entered the US CLO market after pulling back in April, though is still holding back on European CLOs, and may be less incentivised to take up its previously outsize role this time around.

    • 16 Jul 2019
  • Allen & Overy grows lev fin team in New York

    Allen & Overy has added a partner to the firm’s leveraged finance practice in New York.

    • 15 Jul 2019
  • Middle market debt specialist taps new CIO

    Middle market credit investment manager MidOcean Partners has hired a former Apollo Global Management executive as CIO.

    • 09 Jul 2019
  • BlueBay hires head Citi trader for CLO business

    Alex Navin is joining BlueBay Asset Management’s structured credit team as portfolio manager, leaving Citigroup where he worked in various roles for over nine years. As well as launching structured credit funds, BlueBay said it was planning to launch and manage CLOs.

    • 08 Jul 2019
  • CLO managers get triple-As away without Japanese help

    CVC Credit Partners and BNP Paribas Asset Management are two CLO managers preparing to price their latest CLOs, bringing broadly syndicated deals to the market without help from Japanese anchor investment. Both well-established managers are having little trouble finding interest in their latest deals, as European and US investors rush in to fill the gap.

    • 04 Jul 2019
  • CIFC’s debut euro CLO print keeps new manager premium small

    CIFC Asset Management’s debut European deal, which was priced on Monday through Deutsche Bank, shows the slim premium required for new issuers in the European market — despite increasing fears that the manager landscape is becoming crowded.

    • 02 Jul 2019
  • European primary issuance refuses to stall amid new deal influx

    The European securitization pipeline is bulging with 14 deals in the market this week, adding to an already heightened primary market supply on the back of the Global ABS event in early June.

    • 01 Jul 2019
  • Santander opts for dual tranche structure on UK SME synthetic

    Santander has closed York 2019-1, a synthetic securitization of loans granted to SMEs and self-employed borrowers, selling not only the junior risk but a BB-rated mezz tranche — an increasingly common approach driven by regulatory changes which kicked in this year.

    • 01 Jul 2019

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 4,347 16 16.63
2 BNP Paribas 2,866 11 10.96
3 Morgan Stanley 2,420 6 9.26
4 Goldman Sachs 2,276 6 8.71
5 Bank of America Merrill Lynch (BAML) 2,086 9 7.98

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 58,873.50 192 10.79%
2 JPMorgan 51,400.14 152 9.42%
3 Bank of America Merrill Lynch 41,109.55 134 7.53%
4 Wells Fargo Securities 40,627.46 119 7.45%
5 Credit Suisse 38,293.55 120 7.02%