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
-
With the summer holiday season just around the corner, the flood of new issue euro ABS deals, seen following the IMN Global ABS conference, has turned into a trickle, with just one new mandate announcement on Thursday adding to three deals looking to price in conditions favouring investors.
-
CleanFund Commercial PACE Capital has launched its maiden asset-backed securitization.
-
Planet Fitness is issuing a whole business securitization, a first for the North American fitness franchise.
-
Arranger UniCredit, with Commerzbank as joint lead manager announced a new €807m German auto loan ABS deal on Thursday — Silver Arrow Compartment 9 from Mercedes-Benz Bank — with DZ Bank, MUFG and SMBC Nikko as co-managers. It is the German auto maker's ninth auto loan securitization.
-
Together Financial Services Limited (Together) is boosting its commercial real estate (CRE) lending strategy with the announcement on Wednesday of a £525m warehouse facility to support growth, adding to three other existing private facilities.
-
S&P Global Ratings this week flagged the risk of a drop in used car prices, particularly in diesel vehicles, causing future losses in European auto ABS deals.
-
Newday Funding 2018-1 offered picky investors some extra spread to get its latest credit card ABS deal over the finish line on Friday.
-
With three Federal Reserve rate hikes expected this year, the heightening hunt for yield is prodding investors back into riskier corners of the consumer ABS market, but not everyone in the market thinks it is time to start sounding the alarm.
-
Mosaic and Goldman Sachs priced a co-sponsored solar loan securitization on Monday, the $317.52m Mosaic Solar Loan Trust 2018-2-GS.