Latest news
Latest news
Structured Finance Association CEO Michael Bright previews major industry event
PRA and FCA go much further than EU in loosening rules
Liberated issuers will still have to follow European regulations if they want to sell in EU
More articles
More articles
-
Market participants should seek value in size, seeking protection from election volatility in larger issuers, bigger deals and thicker tranche sizes, says Wells Fargo in its 2020 securitization outlook. -
Atom Bank is bringing its second mortgage bond deal as European securitization issuers rush to market in the scramble to year end.
-
European auto ABS issuers have been pushing up coupons and selling deals well over par as Euribor plunged, hoping their new deals can avoid the fate of older deals which are now trading effectively as fixed rate issues.
-
Santander's first revolving subprime auto ABS was met with strong demand from yield seeking investors, but put off some conservative buyers who would normally buy deals from the SDART platform but were hesitant to add exposure to longer dated subprime ABS, according to sources.
-
Hybrid funding models are becoming the norm among online lenders, who are increasingly using both securitization and on-balance sheet financing to align interests with their investors.
-
Monthly issuance of European ABS carrying the simple, transparent, and standardised (STS) label exceeded €5bn in September, with total year to date STS issuance coming in at more than €30bn, according to S&P Global Ratings.
-
Online loan investors are shifting to shorter duration paper as credit performance deteriorates and the uncertainty around the direction of the economy grows, panelists at IMN's ABS Tech conference said on Wednesday.
-
Florida credit union GTE has priced what market participants expect to be the first of many auto securitizations from the credit union sector as ABS funding costs remain attractive.
-
In a marathon board meeting that lasted into the evening on Thursday, EU member states have approved a new Energy Lending Policy for the European Investment Bank, ending a dispute over how fast it can cut out fossil fuel financing. Those arguing for gas still to receive financing won substantial concessions, compared with the EIB's first draft of the policy.
