Latest news
Latest news
Blackstone is targeting a quicker than usual three day execution
Triple-As were priced at 170bp over Sofr, close to guidance
US market remains the model as template issuance takes shape
More articles
-
Société Générale’s pan-European commercial mortgage securitization White Tower 2007-1 was downgraded by Standard & Poor’s this week in light of a worsening recovery outlook in the deal’s last remaining underlying loan.
-
Intu Properties, the U.K.’s biggest shopping center owner, formerly called Capital Shopping Centres, has successfully issued its first bonds from a new secured debt program, raising £800 million ($1.20 billion) through a dual tranche offering.
-
Intu Properties, the UK’s biggest shopping centre owner, formerly called Capital Shopping Centres, has successfully issued its first bonds from a new secured debt programme, raising £800m through a dual tranche offering.
-
Bids in the asset-backed securities secondary market have started to soften because few clients are willing to sell into a market that offers little prospect of reinvestment. But some traders expect the very positive tone in equity and other credit markets to gradually seep into ABS and encourage more flows.
-
The mortgage market could face longer-term impacts following the Federal Housing Finance Agency’s announcement Tuesday of plans to form a unified securitization platform for Fannie Mae and Freddie Mac, even if the market saw no immediate pricing reaction in the agency residential mortgage-backed securities markets.
-
Spreads on top-rated, 10-year commercial mortgage backed securities widened out three basis points for the latest conduit, JPMCC 2013-C10, issued by JPMorgan on Friday, according to sister publication Real Estate Finance Intelligence.
-
Three major U.K. securitization issuers — Barclays, Lloyds Banking Group and Nationwide Building Society — took more funding from the Bank of England’s Funding for Lending Scheme in the fourth quarter of last year, according to sister publication Euroweek Structured Finance Weekly.
-
January proved to be as tricky as analysts expected for European commercial mortgage-backed securities loan maturities, with 72% of loans failing to meet their obligations, according to rating agency Standard & Poor’s.
-
Bondholders across all tranches of the Opera Finance (CMH) commercial mortgage securitization will meet this week to discuss a number of restructuring proposals on the underlying debt.