Latest news
Latest news
ABS market not the cheapest cost of financing for issuer of first ever trade in the asset class
Revival of high LTV mortgage lending is creating an opportunity for more SRT and deconsolidation transactions
Trade follows the end of a joint venture to originate loans
More articles
More articles
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The new issue European ABS market ploughed on this week, attracting investors still keen to add risk in the face of broader market skittishness. BNP Paribas sold €384m of mezzanine tranches from a French consumer loan ABS, while Argenta Spaarbank shifted €1bn of RMBS. -
Crédit Agricole has announced a trio of hires that will expand its capabilities in the US credit markets, including a new head of ABS syndicate with experience in both traditional banking and financial technology.
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Vivint is issuing its debut solar asset securitization, a $355 million offering that marks the year’s first ABS deal to be backed by power purchase agreements and leases.
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The World Bank’s pandemic bond, launched last June, was innovative in its coverage and objectives. Therefore the recent potential trigger events after outbreaks of Lassa Fever in Nigeria and of Ebola in the Democratic Republic of Congo offer valuable new insight into how the product functions.
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Online subprime consumer lender Avant priced an unsecured consumer loan securitization on Tuesday, boosting the size of the deal from $221.93m to $285m.
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The European Commission has defended its plans to forge ahead ahead with plans to introduce sovereign bond-backed securities (SBBS), despite market participants’ lack of enthusiasm for the project.
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The European Commission is forging ahead with plans to introduce sovereign bond-backed securities (SBBS), despite market participants’ lack of enthusiasm for the project.
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Sunnova, one of the handful of residential solar finance companies to have issued asset-backed securitizations, has hired a new head of finance from a sustainability-focused investor.
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Arrangers Bank of America Merrill Lynch, BNP Paribas, HSBC and NatWest markets on Thursday announced a new sterling auto ABS deal from Ford Credit Europe.
