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
More articles
More articles
-
Libor may be extended beyond the cut-off date of 2021, sources told GlobalCapital this week, as the market braces for litigation over more than $1tr of Libor-linked mortgages. Tom Brown reports. -
More small and mid-ticket equipment companies are tapping the securitization market in recent weeks, as low rates and growth prospects drive them to the capital markets.
-
Significant risk transfer (SRT) securitization volumes this year are set to beat the record issuance seen in 2018, according to sources active in the sector.
-
Société Générale has engaged in a $3.4bn synthetic securitization and pledged to reinvest some of the freed-up capital to increase its ‘positive impact finance’ lending. The investor, New York hedge fund Mariner Investment Group, has given it a financial incentive to go even further.
-
Three aircraft lease securitizations have recently entered the pipeline, pushing projected 2019 issuance well above last year’s. Increased investor sophistication, strong fundamentals and a lack of alternatives that provide good returns are driving the changes, said market participants.
-
There are justifiable fears around the humanitarian aid sector using the capital markets but if executed well it will allow charities and development agencies to bring in much more funding.
-
Upgrade, an unsecured consumer lender and ABS issuer, is branching out with a hybrid product that sits between an instalment loan and a traditional credit card. An Upgrade ABS would not be surprising, said capital markets investors.
-
Caixa Economica Montepio Geral, the bank holding company, has mandated JP Morgan to arrange its third public NPL securitization, with the Portuguese lender closing in on getting its non-performing exposures (NPE) below the 10% mark.
-
Trinity Industries has priced its second ABS transaction of the year, adding more than 5,000 railcars to its 2019 ABS master trust. The extra collateral highlights the company’s effort to bolster and diversify its lease fleet, a key goal highlighted in its latest earnings statements.
