European Securitization
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Managers may launch CLOs that combine BSL and private credit loans as weak equity arbitrage persists
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Credibom priced a Portuguese auto loan ABS, as Ayvens priced a French auto lease ABS
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UK bank builds £920m book for its £750m deal
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Triple-As price only 4bp wide of recent market tights as manager avoids issuing single-B rated notes
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Pricing on double-A and single-A rated notes tightens below initial guidance
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The portfolio is made up of Solar (64.55%) and heat pump (35.45%) receivables
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Another middle market CLO appears and demand diverges in euro and sterling ABS
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Second UK consumer ABS debut this year after Citi's Montgomery Square
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Asset manager says it is the first FCA regulated manager to launch a Sharia compliant ABF fund
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Manager tightens triple-A spread by nearly 30bp relative to the original deal
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Deal is one of 11 forming the ABS pipeline
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The deal is backed by PayPal loans with three, six, 12 and 24-month maturities