Securitization - European Archive

  • Goldman, BofA take most of mammoth mortgage bond bidlist

    Goldman, BofA take most of mammoth mortgage bond bidlist

    Cerberus Capital Management drew strong demand for its 48-line item bidlist of mezzanine mortgage bonds on Thursday, with winning bids for most of the bonds in the nearly day-long sale going to Goldman Sachs and Bank of America, sources tell GlobalCapital.

  • Window closing for euro ABS primary

    Window closing for euro ABS primary

    Most euro ABS issuers are holding off on new deals until the results of upcoming US presidential election, according to sources, with about only a one month window of opportunity in November between the election and intensifying Brexit headline risk.

  • Loss mitigation loans make their way into euro CLOs

    Loss mitigation loans make their way into euro CLOs

    A common feature of the US CLO market known as the loss mitigation loan has begun to make its way into European deals for the first time, continuing the trend of European managers borrowing features from US peers to deal with the effects of the Covid-19 crisis.

  • Janus Henderson launches new ABS fund

    Janus Henderson launches new ABS fund

    Janus Henderson Investors has launched a new ABS fund, named the Janus Henderson Asset-Backed Fund, to be offered to institutional investors in a UCITS structure.

  • EIB boosts SRT investment commitment by €1bn

    EIB boosts SRT investment commitment by €1bn

    The newly established European Guarantee Fund has greenlit a further €1bn lending for risk sharing products, allowing the EIB to continue investing in significant risk transfer (SRT) transactions to support European SMEs.

  • Domivest brings second Dutch RMBS of 2020

    Domivest brings second Dutch RMBS of 2020

    Cervus-backed Dutch lender Domivest is bringing its second deal of the year, Domi 2020-2, a €272m RMBS offering five tranches and listing three others as “call desk.”

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