Renew prices second 2017 PACE ABS deal

Property Assessed Clean Energy (PACE) finance company Renew Financial priced its second ABS transaction of the year on Tuesday.

  • By Sasha Padbidri
  • 17 Oct 2017

Lead banks Natixis, Morgan Stanley and Barclays priced Renew 2017-2 on Tuesday afternoon, selling the $174.13m ‘A’ notes at the tight end of price guidance, at 115bp over interpolated swaps.

The $5.38m ‘M’ notes and the $27m ‘B’ notes were not offered.

Renew also issues deals from ...

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