European Securitization
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Pipeline expected to remain 'busy for the next few weeks', says banker
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Deal features bumper triple-A and equity tranches and excludes double-B and single-B rated tranches
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PAG also hires new vice president
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Deal includes a fixed-rate double-A tranche and two triple-A tranches
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Buy Way also added a Dutch consumer ABS to the pipeline
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Agreement on the EU package could run to December, senior lawyer told conference
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Transaction features a junior triple-A rated tranche and was increased in size ahead of pricing
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Volkswagen also priced a UK auto loan ABS
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Two deals could demonstrate premium between STS and non-STS non-conforming RMBS deals
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Triple-A buyers are back as Europe's CLO market moves on without the single-B
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More fully battery electric vehicle-backed deals are expected with similar loans expected to back a larger proportion of mainstream auto ABS
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Barclays is holding the risk retention for the deal