Sterling-heavy Q1 in store for securitization

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Sterling-heavy Q1 in store for securitization

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Top down aerial view of roads and houses covered in fresh snowfall (Ebbw Vale, Wales, UK) | Richard Whitcombe/whitcomberd - stock.adobe.com

The securitization market is expecting January to be dominated by sterling issuance, after a Brexit deal was finalised on Christmas Eve, with non-bank issuers revving up for 2021. SPV filings suggest Cerberus, Davidson Kempner, Belmont Green, and Kensington are all readying deals.

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