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
-
Online lender SoFi is in the market with a new deal backed by refinanced student loans, as the company continues to deal with the departure of senior executives and allegations of misconduct which dented demand for its previous transaction.
-
Dividend Solar priced its first solar ABS transaction at the end of last week, as market chatter around the asset class increases on the back of rumors of more issuance during last month’s ABS East industry conference.
-
Socram Banque has begun marketing the second French auto ABS deal of 2017.
-
UK credit card provider NewDay has mandated a credit card securitization from its NewDay Partnership Funding Master Trust, its second ABS transaction of the year.
-
Sources close to the EU commission have told GlobalCapital that work is being done to fix the unintentional ban on self-certified loans in European ABS portfolios as part of the wider regulatory framework for European securitization.
-
Corporate and bank issuers are taking up the SRI bond gauntlet, providing the market with the kind of names that have long been the goal of its biggest cheerleaders.
-
Responsible investing — and green and social bonds in particular — are still not a mass market among US investors. But the fund managers leading the charge are optimistic: consciousness has moved a long way in a few years.
-
With France’s green OAT and record issuance this year, the green and social bond market has emerged from obscurity into the bright lights of mainstream capital markets. Treasurers and CFOs are, by now, aware of what the market has to offer. But to channel capital on the scale required to limit global warming to 2C, the market must adapt and innovate to meet investors’ need for clarity, and to incentivise issuers. Lewis McLellan reports.
-
This week saw a flurry of Canadian cross-border auto ABS activity, with Scotiabank pricing a dollar-denominated auto deal on Wednesday and Bank of Montreal (BMO) filing for a debut offering.