Structured Bonds - All Articles

  • Lumiere mortgage bond offers novel CMBS refinancing method

    A bond secured by a mortgage on the largest privately-owned office building in Paris has fully refinanced the partly securitised €372m Lumiere loan and could pave the way for similar transactions.

    • 31 Jul 2012
  • Corporate, FIG bid shows decoupling from EU crisis

    European corporate bond issuers — and even financial institutions — enjoyed some of their best ever funding conditions this week, in a bizarre disconnect with the extreme strain on Spain and Italy’s finances.

    • 26 Jul 2012
  • Bonds Tables 1265

    • 26 Jul 2012
  • Bonds Tables 1264

    • 19 Jul 2012
  • Rise in LTVs force Talisman 6 loans into default

    Two loans representing 52% of the value of Talisman 6, a CMBS backed by German retail assets, have moved into default after failing to qualify for extensions.

    • 19 Jul 2012
  • Longhurst housing association enjoys rampant sterling bid

    Longhurst Group, the UK housing association, sold its debut bond on Thursday to an enthusiastic reception, enjoying the present bullish market conditions for well rated corporate bonds.

    • 19 Jul 2012
  • BA slots deal grounded

    British Airways Plc has pulled its novel deal backed by landing slots at Heathrow airport after failing to find a price that worked for both sides.

    • 19 Jul 2012
  • VW Brazilian ABS debut shows the way for others

    Banco Volkswagen, the Brazilian arm of the carmaker, completed its first ever securitisation of Brazilian auto loans on Friday, with a forward looking deal that may open the way to more issuance.

    • 15 Jul 2012
  • GRAND plan gets thumbs up on equity injection

    One of Europe’s largest ever securitisations, the €4.46bn outstanding German multi-family GRAND CMBS, is a step closer to being restructured after the six largest noteholders agreed on a plan.

    • 12 Jul 2012
  • BA gets clearance for secured bond takeoff

    British Airways has started roadshowing a bond that will be secured by a portfolio of airport take-off and landing slots — licences granted to airlines to use facilities at an airport throughout winter or summer seasons.

    • 12 Jul 2012
  • British Airways cleared for secured bond takeoff

    British Airways has started roadshowing a bond that will be secured by a portfolio of airport take-off and landing slots — licences granted to airlines to use facilities at an airport throughout winter or summer seasons.

    • 08 Jul 2012
  • Indomobil driving for more, pushes back loan deadline

    Indonesian car company Indomobil plans to delay the final commitment date of a $70m loan, giving more banks time to gain credit approval for the deal. But the company has not yet made a firm decision on when the new commitment deadline will be.

    • 05 Jul 2012
  • Bonds Tables 1262

    • 05 Jul 2012
  • Uni-President closes first dual-reference CNH loan

    Uni-President China, the subsidiary of a Taiwanese food company, has closed a Rmb1bn ($157.3m) offshore renminbi loan, increasing the deal from its original target — and becoming the first borrower to reference two offshore renminbi offer rates.

    • 05 Jul 2012
  • Emirates Airlines brings first post-crisis non-US EETC

    Airlines outside the US could begin looking at asset backed financing for aircraft, after Emirates Airlines became the first non-US company to sell a security backed by aeroplanes since the financial crisis.

    • 05 Jul 2012
  • Markit Data 1262

    • 05 Jul 2012
  • Tamweel pulls $235m RMBS sukuk as investors need more time

    UAE housing provider Tamweel has opted not to proceed with plans for an RMBS sukuk, having looked poised to issue the deal last week. The complexity of the structure and lack of comparable transactions are likely to have been among the factors weighing on the deal, although Tamweel limited itself to saying that it had based its decision on market feedback.

    • 04 Jul 2012