Latest news
Latest news
UK bank builds £920m book for its £750m deal
Deal is one of 11 forming the ABS pipeline
Issuer plans to visit the market twice a year
More articles
More articles
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Some deals resemble the bank SRT market but there is room for independent sponsors to put trades together
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Mezz and certificates go on offer, testing new execution strategy
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Cerberus buys Lendco, Advanzia's German credit cards, and CLO resets pause
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Deal primarily backed by loans originated by specialist lender RNHB
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The acquisition was announced a day before Lendco priced its Atlas securitization
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Vida Bank is also building up its funding team
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Deal is LendCo's eighth public securitization from its Atlas shelf
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A swift response is tempting, but lenders should avoid kneejerk reaction