IFR International - 28.07.2018

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company. Stormharbour was arranger.
AUTOWHEEL SECURITISATION closed on
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The bonds are backed by a €139m lease PORTFOLIOûWHICHûHASûANû MONTHûREVOLVINGû period. Some €50m the portfolio comprises RESIDUALûVALUESû!ûHIGHûûCOMPRISESûDIESELûCARS !UTOHELLASûISûTHEûEXCLUSIVEûFRANCHISEEûINû 'REECEûOFû(ERTZû4HEûNEWûISSUEûSECURITISESû AROUNDûûOFûITSûLEASEûBOOK 30ûSAYSû!UTOHELLASûHASûAûhSOLIDûPRESENCEvû INûTHEû'REECEûAUTOûLEASEûMARKETû)TûSTARTEDû OPERATINGûINûûANDûNOWûRANKSûSECONDûINû THEûCOUNTRYûWITHûAûûMARKETûSHAREû4HEû COMPANYûREPORTEDûPOSITIVEûlNANCIALûRESULTSû OVERûTHEûPASTûûYEARS

TWO ITALIAN NPL ABS CLOSED

Two Italian non-performing loan SECURITISATIONSûCLOSEDûONû4HURSDAYûWITHû BANCA NAZIONALE DEL LAVORO issuing JUNO 1 SRL and C.R. ASTI issuing MAGGESE SRL. BNL’s Juno 1 issued €163.9m of notes backed by a portfolio with a gross book VALUEûOFûõMû!ROUNDûûBYû'"6 ûAREû SECUREDûWITHûûOFûTHOSEûLOANSûBACKEDûBYû RESIDENTIALûPROPERTIESû4HEûSERVICERûISû0RELIOSû #REDITû3ERVICING

BONDS STRUCTURED FINANCE

NEW ASSET–BACKED SUMMARY DETAILS: WEEK ENDING 27/7/2018
Issuer Amount (m) WAL Coupon (%) Bookrunner(s) Rating Asset type
AutoWheel Securitisation DAC €25 – 2.750 StormHarbour NR/BBB–/NR ABS
AutoWheel Securitisation DAC €32.3 – 1mE+285bp StormHarbour NR/BBB–/NR ABS
AutoWheel Securitisation DAC €15 – 2.75 StormHarbour NR/BBB–/NR ABS
AutoWheel Securitisation DAC €28.8 – Variable StormHarbour NR/NR/NR ABS
Bluemtn Fuji Eur Clo III €207 – E+90bp Barclays Capital Aaa/NR/AAA CLO
Bluemtn Fuji Eur Clo III €10 – 1.400 Barclays Capital Aaa/NR/AAA CLO
Bluemtn Fuji Eur Clo III €32.9 – E+170bp Barclays Capital Aa2/NR/AA CLO
Bluemtn Fuji Eur Clo III €23.1 – E+225bp Barclays Capital A2/NR/A CLO
Bluemtn Fuji Eur Clo III €17.5 – E+313bp Barclays Capital Baa2/NR/BBB CLO
Bluemtn Fuji Eur Clo III €24.5 – E+526bp Barclays Capital Ba2/NR/BB CLO
Bluemtn Fuji Eur Clo III €10.5 – E+707bp Barclays Capital B2/NR/B– CLO
Bluemtn Fuji Eur Clo III €0.5 – na Barclays Capital NR/NR/NR CLO
Bluemtn Fuji Eur Clo III €32.95 – na Barclays Capital NR/NR/NR CLO
Connect Plus £892 – 2.607 Barclays/HSBC/Lloyds NR/A+/NR ABS
EVGRN 2018-2 US$750 1.96 1mUSL+35bp TD Securities/JP Morgan/BAML NR/AAA/AAA ABS
NHLT 2018-2 US$205.718 1.41 3.188 Barclays/Credit Suisse/Nomura Aaa/NR/NR RMBS
NHLT 2018-2 US$55.386 2.49 3.552 Barclays/Credit Suisse/Nomura Aa3/NR/NR RMBS
NHLT 2018-2 US$15.825 2.78 3.817 Barclays/Credit Suisse/Nomura A3/NR/NR RMBS
NHLT 2018-2 US$15.824 2.94 4.171 Barclays/Credit Suisse/Nomura Baa3/NR/NR RMBS
NHLT 2018-2 US$11.078 3.11 5.060 Barclays/Credit Suisse/Nomura Ba3/NR/NR RMBS
NHLT 2018-2 US$12.659 3.28 6.000 Barclays/Credit Suisse/Nomura NR/NR/NR RMBS
NZES 2018-FNT2 US$184.4 3.09 3.790 Citigroup/JP Morgan/BAML/Credit Suisse NR/NR/NR RMBS
OSCAR US Funding IX LLC US$65.6 – na Mizuho Securities P1/NR/NR ABS
OSCAR US Funding IX LLC US$97.6 – na Mizuho Securities Aaa/NR/NR ABS
Pepper Residential Sec Tr No. US$250 1.7 1mUSL+88bp Citigroup/NAB Aaa/AAA/NR RMBS
VMOT 2018-A US$300 3.0 1mUSL+52bp Citigroup/Mizuho Aaa/NR/AAA ABS

GLOBAL STRUCTURED FINANCE IN EUROS BOOKRUNNERS: 1/1/2018 TO DATE Managing No of Total Share bank or group issues €(m) (%) 1 SG 6 2,906.52 11.5 2 Credit Agricole 7 2,748.36 10.9 3 UniCredit 8 1,874.41 7.4 4 BNP Paribas 7 1,740.61 6.9 5 Commerzbank 3 1,648.06 6.5 6 BAML 4 1,461.65 5.8 7 Cooperatieve Rabobank 2 1,355.98 5.4 8 Morgan Stanley 4 1,052.00 4.2 9 JP Morgan 2 1,013.91 4.0 10 Citigroup 4 992.76 3.9 Total 40 25,282.39 Includes securitisations, credit-linked notes (Euro, foreign, global and domestics) and excludes CDOs. Source: Thomson Reuters SDC code: B16g

ALL EUROPEAN ISSUERS
BOOKRUNNERS: 1/1/2018 TO DATE

Managing No of Total Share
bank or group issues US$(m) (%)

1 BAML 16 4,310.89 8.8
2 SG 7 3,644.36 7.4
3 Lloyds Bank 13 3,557.59 7.2
4 BNP Paribas 15 3,471.38 7.1
5 Credit Agricole 7 3,365.76 6.8
6 Citigroup 13 3,154.50 6.4
7 UniCredit 8 2,254.29 4.6
8 Commerzbank 3 1,996.65 4.1
9 Morgan Stanley 7 1,899.76 3.9
10 Cooperatieve Rabobank 2 1,640.72 3.3
Total 75 49,205.60
Includes securitisations, credit-linked notes (Euro, foreign, global and
domestics) and excludes CDOs.

Source: Thomson Reuters SDC code: B16n

IFR International - 28.07.2018

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