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 European Parliament gave final approval to new common rules for securitization in the European Union on Thursday, in addition to finalising the simple, transparent and standardised (STS) securitization framework. -
United Airlines was selling the ‘B’ notes of an enhanced equipment trust certificate (EETC) offering to fund the purchase of 18 aircraft early this week, as investor demand for aircraft ABS continued to heat up.
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The senior class of P2P Global Investments’ MOCA 2017-1 UK marketplace loan ABS transaction was priced at the wide end of guidance, though the final spreads further down the capital stack pointed to a strong execution for the deal.
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Jewellery retailer Signet Jewelers is outsourcing the servicing of its subprime loan portfolio to Genesis Financial Solutions, as part of a broader plan to trim its balance sheet.
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The European Parliament on Thursday is expected to give the stamp of approval to common rules for European securitization, in addition to giving final approval to the 'simple, transparent and standardised' (STS) securitization framework.
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Subprime auto ABS deals, especially from “deep subprime” lenders, are anticipated to form a larger percentage of overall auto ABS, as issuers take advantage of cheap funding and prime auto lenders pull back.
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SolarCity is readying its second solar ABS transaction of 2017, a $340m deal backed by residential rooftop solar leases and power purchase agreements (PPAs).
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Santander Consumer Finance has priced the sixth transaction in its Kimi auto ABS series, ratcheting inside of the historical spread differential between Finnish and German auto paper.
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Industry pros at the Airline Economics Growth Frontiers Conference in New York this week were keen to point out the advantages of the private placement and ABS markets, citing the number of investors looking to increase allocations in both sectors.
