Latest news
Latest news
Participants expect asset class to stay well bid though some are cautious sentiment could easily change
Bank's fourth five-year conduit CMBS of 2025 was oversubscribed even as it tightened from IPTs
Firm’s JSI ETF passes $1bn mark in under two years
More articles
-
Real estate asset manager Blackstone has mandated Bank of America for Taurus 2021-4, a UK logistics CMBS. -
Bank of America's former Dubai-based head of Middle East and North Africa debt capital markets has relocated to New York, where he will be covering DCM for US financial institution clients.
-
Viridis, the £148m Brookfield and China Life-sponsored CMBS backed by Aldgate Tower in central London, is set to be priced towards the wide end of initial price thoughts.
-
After one of the busiest quarters for ABS since the financial crisis, many market participants are eyeing a short break in August in anticipation of a slower market. The combination of working-from-home culture, lack of travel opportunities and physical meetings has prevented many in the market from taking a break.
-
Hurricane Energy’s restructuring plan has been thrown out by the High Court, in a victory for shareholders led by activist fund Crystal Amber, which are now poised to replace the board of the troubled oil drilling firm. The judgement underlines the care with which companies must exercise when seeking to use the new ‘cross-class cramdown’ features of the UK’s restructuring law.
-
Morgan Stanley is refinancing a loan secured on the Aldgate Tower in London, which hosts Uber and nine other tenants, marking the first time the market has tested investor appetite for London office-backed CMBS since the Covid-19 outbreak.
-
Sub-Saharan Africa's Ghana has secured a €280m social loan from commercial lenders and credit agencies. The loan, the kind of which has not been seen in Africa, will support the development of the country's transport infrastructure.
-
ABS lawyers are asking issuers to resist taking advantage of a legal loophole left via a regulatory quirk, where a number of CLO and CMBS deals are technically exempt from switching data over to the securitization repositories approved by the European Securities and Markets Authority (ESMA) on Friday.
-
Blackstone has mandated Barclays and Goldman Sachs as co-arrangers for its Last Mile Logistics Pan Euro Finance CMBS, a €495m deal.
