Market dials in for cellphone bonds

Verizon Communications priced its second ABS deal of the year this week, attracting strong investor demand.

  • By Sasha Padbidri
  • 15 Jun 2017
Leads Bank of America Merrill Lynch,MUFG and JP Morgan priced the $1.3bn no-grow transaction on June 13, with the $1.1bn of ‘A’ notes being sold at 32bp over interpolated swaps and the $100m ‘B’ notes priced at 55bp over. The $101m ‘C’ notes were priced at 70bp over ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 74,831.87 212 13.30%
2 Bank of America Merrill Lynch 65,702.99 205 11.68%
3 Wells Fargo Securities 55,583.74 178 9.88%
4 JPMorgan 40,793.11 141 7.25%
5 Credit Suisse 30,239.23 97 5.38%