Latest news
Latest news
Belgian car leasing company taps four banks and three investment firms
CoT intends on issuing twice a year from its master trust starting from 2027
S&P Global Ratings' Andy South gives his outlook for European ABS, and the regular trio talk about Italian ABS, frantic CLO issuance and a passing of the torch
More articles
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Residential solar finance company and securitization issuer Mosaic has refreshed its leadership team with the appointment of a new CFO as well as a deputy chief credit officer and general counsel.
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The aircraft ABS secondary market experienced a surge in trading activity in November for the first time since the coronavirus outbreak, particularly down the capital structure in the class ‘B’, ‘C’ and equity tranches. Sources say the activity is driven by growing hopes from some funds for a recovery in the sector, met by sellers wanting to clean their books before the year-end. -
Issuers are looking to tweak securitizations with UK entities in order to avoid them falling outside the EU’s ‘simple, transparent and standardised’ (STS) criteria once the Brexit transition period ends on December 31.
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Residential solar finance company Loanpal is preparing another securitization, which will make 2020 the highest volume year for the issuer. While the solar ABS market should be boosted by the support for sustainability shown by the incoming Biden administration, skeptics say it will take years for political change in the US to fuel a meaningful increase in supply.
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Ukrainian steel and mining firm Metinvest has launched a receivables securitization programme for its two Italian re-rolling steel mills headquartered in Genoa, Metinvest Trametal and Ferriera Valsider
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The UK's national infrastructure bank set to be launched by the government could focus on a range of green investment opportunities, including setting up a scheme like the US's Property Assessed Clean Energy (PACE) model.
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After years of trying to become anything but a bank, fintech lenders are ditching the pure marketplace lending model to become depository institutions themselves. As key players exit the pure online lending space, sources say fintech lenders as a whole could start losing out on traditional avenues of funding, such as the equity market.
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Delinquencies in consumer ABS have started to rise off the back of higher unemployment figures, after the asset class has enjoyed unprecedented performance thanks to US government support. The financial health of many deals now rests on the outcome of fiscal stimulus agreements.
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Solar ABS is advancing as a reliable, economical funding source for homeowners as the time they spend at home increases due to Covid-19 and intensifying natural disasters, speakers said in a Tuesday panel at ABS East Virtual 2020.
