European Securitization
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The fears of the covered bond market reflect a lack of conviction in the superiority of the product -
Volkswagen and BBVA also priced German and Spanish autos
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Fund will primarily focus on CLO equity and junior mezzanine notes, but can invest in triple-Bs
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Investor tells GlobalCapital it liked the portfolio’s diversity, data depth and sustainability impact
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Bank’s €1bn transaction is most granular so far and found new buyers
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The trilogue process will now begin
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Deal achieved second-lowest weighted average cost of capital in two week period
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Together added to the sterling market with a small ticket CRE CMBS
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Pricing lowers on investment-grade CLO tranches as market stabilises
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PGIM's managing director joins AFM to discuss the UK and EU securitization regulatory roadmap
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Leveraged loan prices have rallied from their post-war dip, with CLO demand remaining strong despite subdued LBO activity
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Some deals resemble the bank SRT market but there is room for independent sponsors to put trades together
