Structured Bonds - All Articles

  • EIF backs Bulgaria with SME guarantee

    The European Investment Fund has guaranteed an Eu85m equivalent securitisation of Bulgarian SME loans, which it sold to KfW as part of a deal to promote SME lending in the region.

  • Banque PSA joins pipeline with French autos

    Banque PSA announced a French auto loan ABS on Wednesday, Auto ABS FCT Compartiment 2011, which will be on the road next week with BNP Paribas and Société Générale as lead managers.

  • PSA joins pipeline with French auto deal

    Banque PSA has announced a French auto loan ABS, Auto ABS FCT Compartiment 2011, which will be on the road next week with BNP Paribas and Société Générale as lead managers.

  • CapitaLand finds bid for Singaporean CMBS

    Singaporean real estate company CapitaLand priced a $645m commercial mortgage-backed securitisation on Wednesday, giving dollar investors their first taste of Singaporean CMBS in more than four years.

  • Globaldrive squeezed down to secondaries

    Ford’s financing arm FCE Bank closed Globaldrive 2011, a German auto ABS, at the tight end of revised guidance on Wednesday, leaving the 1.98 year Eu476.6m senior tranche at 75bp, a mere 15bp outside Volkswagen’s most recent issue.

  • Driver España gets Spanish nod and boosts size

    Volkwagen’s Spanish auto ABS, Driver España One, closed on Wednesday following approval from the Spanish regulator. VW also managed to boost deal size from the original Eu400m to Eu570.5m, though the investor base stayed narrow, with just 10 accounts from eight countries.

  • Heritage plots return to Aus RMBS after five year break

    Australia’s Heritage Building Society is planning its return to the residential mortgage-backed securities market after an absence of almost five years, and could raise as much as A$500m ($533.0m), according to bankers.

  • Ford’s Globaldrive goes for 144A euros

    Ford’s FCE Bank has been marketing a German auto loan ABS from its Globaldrive programme this week. The deal features a 144A tranche denominated in euros, and is also one of the only ABS deals since the crisis to offer mezzanine notes.