Issuers hit the market with new cell tower ABS deals

By Jennifer Kang
10 Sep 2020

InSite Wireless Group and Vertical Bridge are returning to the ABS market with new cell tower securitizations, encouraged by low rates and growing demand for wireless services.

The pandemic has polarized the “haves” and the “have-not” asset classes, sources said, where demand has increased and spreads have tightened significantly for certain sectors over others. These include telecom services and data centers, which were already considered popular asset classes with strong collateral before the pandemic ...

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