Latest news
Latest news
Aviation loan ABS senior spread at 105bp over
Cash SRT pipeline fires up earlier than usual
A new European data centre sponsor, Dutch buy-to-let back in business, CLO equity squeezed and a Bitcoin backed deal
More articles
More articles
-
Latitude Financial Services’ third Australian dollar credit card securitization this week offered a healthy pick up in spreads compared with other currencies, drawing a range of global investors to the deal even after currency swap costs were taken into account. -
Equipment financiers at the Investors’ Conference on Equipment Finance in New York this week encouraged investors to exercise caution when playing in a higher-yielding sector even as the market moves through what has been a remarkably benign credit environment.
-
Mediobanca’s subsidiary, Futuro, made a triumphant return with its Quarzo consumer loan securitization this week after being absent from the market for three years, in a deal which brought new investors to the table.
-
Former SoFi CEO Mike Cagney’s new online startup, Figure, which is looking to provide financing for home improvement loans and home equity lines of credit (HELOC), is looking to bring on at least 11 people, including a chief compliance officer.
-
The New York State Energy Research and Development Authority (NYSERDA) issued a debut residential solar ABS last week to finance its Green Jobs–Green New York (GJGNY) programme, three months after the municipal green bond scheme it previously used for financing was scrapped.
-
After a long absence, Lloyds Bank returned to the dollar market last week to price a Penarth credit card securitization. The transaction will have helped smooth the transition to market based funding in the absence of the Bank of England’s term funding scheme (TFS) and is likely to be followed by the other major UK banks.
-
UK based structured finance firm Prytania Asset Management is looking to open a new office in New York in April, to support growing appetite for offshore US and European structured product offerings.
-
Buy Way Personal Finance enjoyed solid demand for a tightly priced inaugural full capital stack credit card deal. Also the first cards deal from Belgium and Luxembourg, it was priced inside EDML 2018-1, a recent Dutch RMBS collateralised on secured loans.
-
The International Finance Corp and Crédit Agricole CIB have engaged in their second synthetic risk transfer (SRT) transaction. It continues the work both institutions have been doing to interweave such deals with socially responsible purposes.
