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
-
The European Union’s new securitization regulations come into effect on January 1, a year after publication. Market participants hope they will help spark an industry revival, 10 years on from the global financial crisis. But lingering concerns could stall issuance of European ABS as 2019 gets under way.
-
The securitization market has been to the brink and back. From the depths of the financial crisis, the market faced huge obstacles before it was able to stage its impressive comeback in the last five years. Max Adams charts some of the highs and lows for the market in the decade since Lehman Brothers’ collapse and the financial crisis.
-
Participants at a Transparency Task Force symposium on Monday told representatives of three UK financial regulators they welcomed their efforts to step up oversight of the financial system’s response to climate change — but they called for regulators to be more ambitious, as scientists say the world has 12 years left to get global warming under control.
-
Securitization markets involve some of the most esoteric, obscure parts of investment banking. Traders and bankers rarely court publicity, while deals are placed to a specialist subset of the fixed income buy-side. Yet, 10 years after the financial crisis, securitization affects almost every part the real economy.
-
London has peaked as Europe’s capital markets hub. But how much of the business it will lose is still to play for. Bankers’ faith that only some functions need go looks misplaced. The stage is set for a drawn-out poker game between banks wanting to stay in London and continental regulators who hold a strong hand.
-
With a new owner, revamped management team and a change of headquarters, solar securitizer Spruce Finance is looking to chart a course forward following a turbulent couple of years in which the solar loan originator's early backers are said to have been "wiped out."
-
Guidelines released by the European Banking Authority (EBA) on Wednesday brought the European ABS market much-needed clarity, as issuers grapple with new rules set to apply in the new year.
-
Residential solar developer Sunrun priced its second ever securitization on Wednesday, Sunrun 2018-1, a $378.5m offering backed by leases and power purchase agreements tied to rooftop solar systems.
-
FTSE 250 guarantor loans specialist Amigo Holdings, which reported a year-on-year growth of 34% in customer numbers for the six months to September and a 56% increase in profits, has picked Nayan Kisnadwala as the new chief financial officer to replace Simon Dighton.