European Securitization
-
Easter bank holidays are shortening execution windows -
Unusual trade from US firm comes amid reasons to be positive on Spanish RPL
-
George Smith and Tom Hall discuss whether the tariffs chaos will derail the European ABS market and how the ESA report left the CLO market scrambling
-
The trade follows the same structure from the previous deal
-
Timing of unusual reperforming loans trade surprises observers given state of broader markets
-
Longstanding pair depart A&O Shearman
-
Reperforming mortgage deal defies expectations that issuers would shy away from market given volatility
-
This trade follows three extensions of the previous loan on the building
-
Afme understands that deals priced but not settled before March 31 will be protected by grandfathering
-
Relative value still looks attractive but ABS still to digest announcements
-
Not clear whether guidance applies to other ABS
-
Trop of trades impress observers as they get ahead of US tariff announcemen
