Latest news
Latest news
Cash SRT pipeline fires up earlier than usual
A new European data centre sponsor, Dutch buy-to-let back in business, CLO equity squeezed and a Bitcoin backed deal
€300m of reoffered bonds priced at par, another tranche to be placed privately
More articles
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Arrangers Lloyds and Bank of America Merrill Lynch, along with joint lead BNP Paribas, have announced initial price thoughts for Aldermore Bank’s Oak No.3 prime UK RMBS. The deal is set to qualify for the ‘simple, transparent and standardised’ (STS) label.
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Shareholders of the Budapest Stock Exchange (BÉT) decided to establish a securitization advisory subsidiary at a meeting held on August 14 to “facilitate the development of the domestic securitization market.”
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The European Central Bank is giving banks more time to provision for recently classified non-performing exposures, bringing its expectations into line with the EU’s new Capital Requirements Regulation.
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As Libor’s end date approaches, Fitch Ratings warns this week that investor consent for the switch to a replacement rate represents a significant challenge for legacy RMBS deals.
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Dutch investment manager Venn Partners has announced the closing of a €550m warehouse line for prime Dutch residential mortgages originated by the Venn Hypotheken platform.
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Co-op Bank opted to pre-place its fourth Warwick Finance RMBS last Friday, scraping the remainder of a legacy portfolio it began securitizing in 2015.
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Aldermore Bank has tapped Bank of America Merrill Lynch and Lloyds to arrange a prime UK RMBS deal set to qualify for the ‘simple, transparent and standardised’ (STS) regulatory label, looking to get ahead of a raft of RMBS issuance expected in September.
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Banca Monte dei Paschi di Siena has completed four transactions for the sale of non-performing loans, totalling €340m.
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Santander has submitted notifications to regulators for its Holmes Master Trust RMBS to be eligible for the the ‘simple, transparent and standardised’ (STS) regulatory designation.