Latest news
Latest news
◆ Solving order book attrition in the corporate bond market ◆ Signs of trouble in the tech debt boom ◆ The task before the EU's two newest chief regulators
Spreads have widened and GI Partners' $375m deal is moving slowly
Investors say data centre deals are pricing wider than other types of CMBS
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Deutsche Bank recently tapped Grace Wong, executive director of credit sales from Morgan Stanley, for a similar sales role within the German firm.
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Greg Matthews, who headed the securitized products group at AIG Investments, has left the insurer.
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Cures of CMBS covenant breaches are rare this late in the credit crisis but last Friday Barclays Capital, the servicer of Indus (Eclipse 07-1), announced that just such an event had occurred.
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Sunrise Securities, a New York-based boutique investment bank, is starting up a structured products business as part of a broader fixed-income buildout.
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The $11 billion Los Angeles Fire & Police Pension System is planning to hire McKay Shields, Western Asset Management Co. and Loomis, Sayles & Co. to run its opportunistic debt portfolio.
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Europe suffered its first CMBS liquidation of the financial crisis this week, leaving senior noteholders in the deal, Epic (Industrious), facing a hefty principal loss and subordinated investors wiped out.
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Broker-dealer Braver Stern Securities has made a handful of sales and trading hires.
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Two Congressmen are asking the Federal Reserve and the Treasury Department to consider a one-year extension of the Term Asset-Backed Securities Loan Facility.
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Bankruptcy protection extended in France to the €1.5 billion ($2.16 billion) Windermere XII commercial mortgage-backed security that gives borrowers more control could scare off investors from the country’s securitization market.