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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Property Assessed Clean Energy (PACE) finance company Renew Financial priced its second ABS transaction of the year on Tuesday.
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The Bank of England is now odds on to raise interest rates at the November meeting of the Monetary Policy Committee in November, after the Consumer Price index reported inflation exceeding 3%, but such a move could tip the UK economy over a cliff.
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BMW Bank is looking to duplicate the success of its continental European ABS programme with its first UK-backed Bavarian Sky auto ABS transaction.
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Online consumer lender Prosper is marketing its third multi-seller transaction from its PMIT shelf, as market sources tout heightened liquidity as an advantage of the deal format format, which has been used by more and more lenders in 2017.
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The World Bank is achieving success in using the capital markets to put together financial facilities to help hurricane-afflicted Caribbean countries receive swift aid to deal with the aftermath, its Treasurer Arunma Oteh tells GlobalMarkets
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With another earthquake about to hit Latin America, finance ministers from four countries are rushing to launch a World Bank-backed catastrophe bond to ensure that money is paid quickly
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An insurance plan that pays out at once when a natural disaster hits rather than months after the loss assessment offers a route for small countries to secure protection against hurricanes and earthquakes
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P2P Global Investments has mandated Deutsche Bank to arrange a new consumer ABS transaction backed by marketplace loans originated by Zopa.
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ABS industry players have expressed mixed views this year on the trend of increased credit enhancement on subprime auto deals, with some observers starting to question whether deal structures will hold up during market shocks.