Latest news
Latest news
Third deconsolidation RMBS from a UK challenger bank since November
Parliament’s draft amendments are kinder to the market than Commission's
More articles
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Lending Club is exploring the idea of operating as a bank or obtaining a fintech bank charter in order to keep pace with a changing lending and regulatory landscape, an executive from the marketplace lender said on Thursday. -
Investors piled into Unipol Banca's Grecale 2017 SME ABS on Thursday which was heavily oversubscribed with a barely positive yield.
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Online lender SoFi is offering investors a deeper capital stack with its latest consumer loan ABS deal, while also shifting the mix of collateral in the portfolio towards longer-term loans.
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Housing & Care 21, a provider of housing and care services for the elderly in the UK, made a successful debut corporate bond debut on Wednesday when it sold a £250m 30 year deal that grew its sector's presence in the sterling market.
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Green investors piled into Swedbank’s €500m senior offering, grinding the spread to the tightest level for a five year fixed senior bond since the financial crisis. Elsewhere, the covered market remained strong in secondary, while securitization investors are set to make a judgement on UK credit.
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Sallie Mae Bank (SMB) priced its second student loan securitization of the year on Tuesday, though the company's CFO indicated this month that its ABS market presence will shrink in the year ahead.
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Bookrunners issued pricing guidance on Tuesday for an ABS offering by Tesla backed by leases and power purchase agreements originated by its SolarCity subsidiary.
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The great and the good of the European Union were lining up last week to pat themselves on the back for passing securitization reform, including the framework for the long-awaited simple transparent securitization label, but officials should forget the self-congratulatory crowing, and work to make ABS a more attractive funding option for issuers.
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The UK’s Department for Education relaunched its securitization of Income Contingent Student Loans, which was shelved because of the snap UK general election in June this year.
