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
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Former SoFi CEO Mike Cagney’s new online startup, Figure, which is looking to provide financing for home improvement loans and home equity lines of credit (HELOC), is looking to bring on at least 11 people, including a chief compliance officer. -
The New York State Energy Research and Development Authority (NYSERDA) issued a debut residential solar ABS last week to finance its Green Jobs–Green New York (GJGNY) programme, three months after the municipal green bond scheme it previously used for financing was scrapped.
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After a long absence, Lloyds Bank returned to the dollar market last week to price a Penarth credit card securitization. The transaction will have helped smooth the transition to market based funding in the absence of the Bank of England’s term funding scheme (TFS) and is likely to be followed by the other major UK banks.
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UK based structured finance firm Prytania Asset Management is looking to open a new office in New York in April, to support growing appetite for offshore US and European structured product offerings.
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Buy Way Personal Finance enjoyed solid demand for a tightly priced inaugural full capital stack credit card deal. Also the first cards deal from Belgium and Luxembourg, it was priced inside EDML 2018-1, a recent Dutch RMBS collateralised on secured loans.
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The International Finance Corp and Crédit Agricole CIB have engaged in their second synthetic risk transfer (SRT) transaction. It continues the work both institutions have been doing to interweave such deals with socially responsible purposes.
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A rare wireless spectrum deal from Sprint is already seeing secondary market action after being priced on Wednesday.
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British Airways made a rare appearance in the Enhanced Equipment Trust Certificate (EETC) market on Wednesday with a dollar-denominated offering.
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Global retailer Signet Jewelers has stepped up its plans to outsource its consumer lending programme, with an agreement to sell its remaining non-prime credit card portfolio with a par value of about $600m to CarVal Investors.
