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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Online small business lender CAN Capital, is resuming its loan origination program following a recapitalization by asset manager Varadero Capital. -
Boutique trade finance firm Falcon Group closed a debut dollar-denominated trade finance securitization on July 5, as part of the company’s funding diversification strategy.
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The process to save the world's oldest bank, Monte dei Paschi di Siena, has dragged on long enough to feel like it may have been, appropriately perhaps, the world's longest winded bank rescue. For such an investment of time and manpower, the fact that the final resolution is a large bill for the Italian taxpayer is disappointing.
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The ABS market in Europe is booming, with deals across asset classes pricing at the tightest levels since the crisis. Rampant demand and record tight spreads, however, do not reflect the wider macroeconomic picture in Europe, and investors and issuers say they are growing concerned that ABS pricing has become detached from reality, writes Sam Kerr.
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Cadwalader Wickersham & Taft has hired a former associate general counsel at Goldman Sachs for its securitization practice in Washington, DC.
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Senator Bill Nelson (D-Florida) has proposed legislation to cap undergraduate federal student loan interest rates at 4%, following a slew of federal student loan rate hikes that kicked in last week.
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ABS deals not eligible for purchase by the European Central Bank will test the ability of the market to function without central bank participation, a potentially significant development given recent comments from ECB officials.
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The European Commission approved Banca Monte dei Paschi di Siena’s (MPS) request for a ‘precautionary recapitalisation’ this week, throwing the Italian banking sector back into the limelight in an otherwise quiet week for the financial institutions bond market.
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Barclays has poached a senior fixed income capital markets banker from Morgan Stanley as it reinvests funds into its corporate and investment bank.
