Latest news
Latest news
January's ABS data center deals see tenant numbers drop but demand remains strong
Deals including some commercial mortgages expected to follow
Deal was priced 6bp tighter than most recent iteration of the asset class
More articles
More articles
-
Two of the biggest sustainable finance organisations, the PRI representing investors and WBCSD for companies, are putting their heads together to try to solve two of the thorniest issues impeding progress in the field. -
The Federal Reserve announced on Thursday that it will allow inflation to run higher than the long running 2% target, a long awaited and historic shift in monetary policy that marks the start of a new era that will enable the Fed to keep rates low for longer.
-
Santander Consumer Spain Auto 2020-1 is the first ABS deal to come to market after the break in primary issuance throughout August, with a full capital stack being offered to investors.
-
The coronavirus pandemic has led to tensions between whole business ABS issuers and investors, amid wrangling over management fees. While investors worry that waiving fees that issuers pay to the corporate parent may mask true risk in the deals, issuers argue it is critical to preserve liquidity at a time of unprecedented corporate distress.
-
Issuers have pushed four container ABS deals through the primary pipeline in August, marking the busiest month for the sector since the pandemic began.
-
JP Morgan Chase is preparing a $1.8bn credit-linked note ABS that includes $200m of investment grade notes, aimed at transferring risk on a pool of auto loans to securitization investors.
-
Rating agencies are reporting a busy pipeline of European securitization issues for the autumn, with a number of UK deals expected in particular, as issuers try to squeeze out deals before the end of government support schemes and the looming Brexit deadline.
-
James Benamor called a second shareholder vote in four months on Thursday to replace the board of Amigo Holdings, the troubled UK guarantor loan company he founded in 2005, after the board rejected his proposals — including reappointing him as CEO.
-
The Colorado attorney general reached a settlement with marketplace lenders Avant and Marlette Funding on Tuesday that enables the lenders to keep working with partner banks under safe harbour provisions if they comply with rules set out by the state. Market participants said the settlement is a clear win for online lenders, as it brings legal certainty, and it may guide other states in resolving “true lender” issues.
