European Securitization
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Pricing on triple-A rated notes lands 1bp lower than on LGT debut
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The issuer previously issued two sterling credit card ABS standalone deals
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SilverRock was taken over by GB Bank in March
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Investors seek out CLOs, with pricing tightening even as deal size expands
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French RMBS volumes expected to rise as lender plans on doing more than one transaction a year
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Investor demand drives larger size and pricing in line with recent tights
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Successful candidate worked at Barclays for 15 years
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Pricing on triple-A rated notes tightened by 2bp relative to previous CLO
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Blackstone is also marketing the first public CMBS since July
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Ravi Anand and Amany Attia depart UK lender
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Pepper Advantage will service £50bn of UK mortgages at completion