Renew prices second 2017 PACE ABS deal

By Sasha Padbidri
17 Oct 2017

Property Assessed Clean Energy (PACE) finance company Renew Financial priced its second ABS transaction of the year on Tuesday.

Lead banks Natixis, Morgan Stanley and Barclays priced Renew 2017-2 on Tuesday afternoon, selling the $174.13m ‘A’ notes at the tight end of price guidance, at 115bp over interpolated swaps.

The $5.38m ‘M’ notes and the $27m ‘B’ notes were not offered.

Renew also issues deals from ...

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