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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Bank of Montreal announced on Tuesday plans to buy MBS and ABS focused broker dealer KGS-Alpha Capital Markets as the Canadian bank broadens its global market making capabilities.
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An increase in voluntary termination (VT) of car loan purchase agreements could lead to heightened risk in auto lending, pressuring the performance of UK auto ABS, according to a report from DBRS.
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Morgan Stanley is in the market with MSRP 2018–SC1, a securitization backed by notes issued in a 2015 consumer ABS offering from SoFi.
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Ygrene Energy Fund’s latest Property Assessed Clean Energy (PACE) securitization, GoodGreen 2018-1, shaved off 10bp in pricing compared to its last deal, after the transaction received both credit ratings and a green score from S&P Global Ratings.
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Sole arranger and lead manager Deutsche Bank announced Thursday a £207m UK SME securitization from Funding Circle, Small Business Loan Origination Trust 2018-1, the second ABS offering from the online lender.
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Richard Mann, who has died aged 60, was a central figure in the European securitization market in the 1990s and 2000s, when it grew from almost nothing to one of the most dynamic segments of the capital markets.
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The Public Service Company of New Hampshire (PSNH), an electric utility company that services 70% of the US state, is issuing a rare $636m rate reduction bond (RRB) to finance costs relating to the divestiture of 15 fossil fuel and hydroelectric generation plants.
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The Federal Trade Commission (FTC) filed a lawsuit against LendingClub on Wednesday afternoon, alleging that the California-based online lender charged hidden fees and withdrew money from consumer bank accounts without authorisation.
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Merx Aviation Finance is in the market with a $506m securitization backed by mid-life narrow body aircraft, but the transaction’s high concentration of emerging market (EM) lessees poses risks.