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
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The Investment Association, the trade body for UK asset managers, has published responses to two European Commission consultations on aspects of its Sustainable Finance Action Plan — the Taxonomy of environmentally sustainable economic activities and disclosures on sustainable investments and sustainability risks.
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Banks and funds are being inundated with applications from staff trying to leave the rating agencies, as those firms gear up to relocate staff to Europe to comply with ESMA (European Securities and Markets Authority) guidelines.
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Online lender Prosper on Wednesday sold a $500.5m consumer ABS, PMIT 2018-2.
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Volkswagen Bank is lining up investor meetings for its second German auto loan ABS of the year, joining two other deals in the primary market. European Auto ABS volume has reached just under €13bn year to date, on track to speed past last year’s €14.9bn total.
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Blockchain and cryptocurrency company AlphaPoint has brought on a securitization industry veteran to advance the firm’s push into asset-backed finance markets.
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The US securitization market has shrugged off macroeconomic turmoil in recent weeks and months, but investors that think sector operates in a vacuum may be due a shock before the end of the summer, according to analysts, writes David Bell.
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The Dutch Growth Joint Venture, controlled by direct lender Neos, closed for a targeted €1bn, with investment firm KKR as the principal investor.
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Securitization bankers are expecting a strong issuance pipeline following the summer lull, with issuers said to be looking further ahead and planning their funding and capital structures more carefully than in the past. Issuers said to be scoping the market include Virgin Money, and NewDay credit cards.
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As Americans across generations, and specifically younger cohorts, delay major life events such as marriage, rent their homes over owning them, shun office life and generally upend the behaviors that defined past generations, the engines that drive US structured finance have slowed. GlobalCapital investigates.