Americas
-
Issuers target both the short and the long ends of the dollar curve -
Issuer prices with limited concession in its first deal since 2021
-
The collateral pool features a high average FICO score, a moderate leverage level and large liquid reserves, according to Fitch
-
◆ Santander Consumer Bank seals 35bp move ◆ 10bp-20bp concessions needed for senior prints ◆ Pipeline slows as issuers enter 'monitoring mode'
-
The transaction is the third HELOC RMBS priced in a month
-
Tom Wipf stands down after four years leading introduction of Sofr
-
Region’s private sector returns to international bonds, with IG issuers paying minimal concessions
-
◆ UK bank shows affinity for tier two dollars ◆ Improved US market lures foreign bank capital issuers ◆ US market has great depth
-
Rebound in activity might be short-lived as fundamentals remain weak
-
Dollars and Aussie dollars offered more competitive funding
-
The issuer's fourth deal is also waiting in the pipeline, with spreads in the RMBS market expected to tighten in the third quarter
-
Chilean company is the first LatAm issuer to link coupon step-ups with green use of proceeds in one deal
