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Latest news
Third deconsolidation RMBS from a UK challenger bank since November
Parliament’s draft amendments are kinder to the market than Commission's
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The confirmation on Tuesday morning that Lloyds had won the race to buy MBNA, the UK credit cards business owned by Bank of America, means the portfolio has little chance of returning to the securitization market. -
A rare subprime credit card ABS was priced this week, though sources say similar deals are unlikely to materialize in significant volume as online lenders court subprime borrowers and issuers faced increased costs of setting up credit card programs.
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Merlin Aviation Holdings is marketing a $250.8m securitization of a portfolio of leases on older aircraft, collateral that market participants say will continue to see value in 2017 as demand for newer planes exceeds supply.
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French banks have wasted no time since receiving legal confirmation they could issue senior non-preferred bonds, with two financial institution delving into strong investor demand for the new asset class in as many days.
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Commercial Property Assessed Clean Energy (PACE) finance firm CleanFund Commercial PACE Capital is targeting early 2017 to issue the first ever securitization of loans financing energy efficiency upgrades for commercial properties.
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The UK’s largest water company, Thames Water, on Monday sold a £400m Class A bond, helping corporate bond issuance in sterling recover to 2014’s level.
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German agency KfW has announced plans to boost its investment target for securitizations backed by loans to European small and medium enterprises.
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Monex Credit Company, a precious metals dealer, is marketing a rare offering backed by purchase loans for precious metals.
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Online mortgage lender LendingHome has launched a master trust as part of its plan to become a regular issuer in the securitization market, capital markets vice president Paul Stockamore told GlobalCapital.
