Latest news
Latest news
SilverRock was taken over by GB Bank in March
French RMBS volumes expected to rise as lender plans on doing more than one transaction a year
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BNP Paribas has hired Ankush Chowdhury as the head of transportation finance in the Americas, a newly created position focused on driving the bank's strategy for aircraft, shipping and other transportation asset classes. -
NEoT Offgrid Africa (NOA) has completed a microfinance securitization of sub-Saharan African solar trade receivables with arrangers with Société Générale and Credit Agricole to help fund renewable electricity across the Ivory Coast.
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Lead bank Morgan Stanley issued revised price thoughts for Gedesco Trade Receivables 2020-1 on Thursday, offering investors a wider spread on the bonds as conditions in the ABS market show signs of deteriorating.
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GlobalCapital is pleased to announce the winners of its annual European Securitization Awards
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Securitization trustees have stuck to old-fashioned, labour-intensive methods of managing loan documents for decades, but consumer ABS trustees are finally ditching the Excel spreadsheets and embracing automation, compelled by an investor community that feels more comfortable with technology than ever before.
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Westlake Financial is preparing to launch the first of three subprime auto securitizations it has planned for 2020. While the lender’s outlook on consumer health remains positive, it is closely monitoring subprime borrowers for signs of struggling, and the market’s transition to Sofr.
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BMW Bank has mandated Bank of America and Lloyds Bank as joint-lead managers, alongside co-managers MUFG and SMBC Nikko, for its Bavarian Sky UK 3 transaction, a UK auto ABS comprised entirely of loans to borrowers with personal contract purchase (PCP) agreements.
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FAT Brands is preparing to price an inaugural public whole business securitization this week, nearing the finish line following an earlier private offering last year that was ultimately shelved when the investor failed to close, spurring a lawsuit by the company.
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Coronavirus fears loomed over an otherwise benign SFVegas conference this week, with concerns over a pandemic trickling particularly into the aircraft segment. Sources say tangible cracks are beginning to show, with one deal shelved and spreads widening dramatically in the last week.
