Latest CMBS news

  • Record December volumes power CMBS to year end

    Issuers have flocked to the CMBS market with deals this month, including the largest commercial real estate CLO since the crisis. With a seven potential deals still to close before year end, this December could be the busiest in a decade, said Bank of America Merrill Lynch analysts.

    • 11 Dec 2017
  • Health Reit Assura raises £310m to fund 'busiest year'

    Assura, the UK healthcare property Reit, has raised £310m of gross proceeds through a firm placing and placing and open offer.

    • 04 Dec 2017
  • JP Morgan tells US securitization buyers to get on the defensive

    At JP Morgan’s fixed income markets 2018 outlook conference in New York on Tuesday, investors were advised to move into more defensive positions, with macro factors expected to weigh on credit next year.

    • 28 Nov 2017
  • CMBS rally to lose steam in 2018, says JPM

    The long rally in US CMBS that has taken place since the financial crisis will likely run out of steam next year, said analysts at JP Morgan, as the market moves into the final stretch of a bull run that has seen spreads plummet to their tightest levels in years.

    • 27 Nov 2017
  • US structured finance hits post-crisis high

    With three weeks in the year still to go, US securitization volume has reached a post-crisis high of $474bn, according to S&P Global Ratings.

    • 22 Nov 2017
  • Investors pile into rare UK CMBS

    Bank of America Merrill Lynch has priced the £350m Taurus 2017-2 CMBS, the first transaction backed by a UK commercial property loan since 2015.

    • 22 Nov 2017
  • Nordea trade breaks record but some AT1 stalwarts see ‘no reason’ to buy

    Nordea’s blowout additional tier one (AT1) offering on Tuesday took the instrument into unchartered waters in terms of pricing — beyond where some regular AT1 investors were willing to go. In covered bonds, supply-demand dynamics continue to favour issuers.

    • 22 Nov 2017
  • Fed rate rises expected to dampen CMBS in 2018, says Kroll

    The unwinding of the Federal Reserve’s balance sheet and anticipated rate rises are expected to put downward pressure on CMBS issuance next year, said Kroll Bond Rating Agency on Tuesday.

    • 21 Nov 2017
  • BAML sets pricing on Taurus CMBS

    Bank of America Merrill Lynch has set initial price guidance on the sole UK sterling CMBS transaction of the year with a view to updating investors on Tuesday.

    • 20 Nov 2017
  • Mount Street working on Greek servicing licence

    Independent servicing group Mount Street is working on obtaining a Greek servicing licence, as interest in portfolio sales from the country heats up.

    • 20 Nov 2017

CMBS news archive

Capital markets data from GlobalCapital

Go to GlobalCapital's Securitization data pages for our dealflow database, plus details of priced European and US CLOs and structured finance bookrunner league tables.

Latest securitization people & markets news

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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 %
  • Last updated
  • Today
1 Citi 119,693.92 344 12.91%
2 Bank of America Merrill Lynch 99,935.46 287 10.78%
3 Wells Fargo Securities 88,155.55 263 9.51%
4 JPMorgan 69,113.88 208 7.46%
5 Credit Suisse 51,260.05 154 5.53%