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Consumer credit shows ‘remarkable’ degradation though ABS roars along

Subprime consumers are feeling inflationary pressure at unprecedented levels, says consumer credit analyst Will Black
Five auto deals have filed 15-Gs since Friday

US CLOs stick stubbornly to 150bp area as Allstate and Ares price

Total of six transactions priced on Tuesday but further tightening unlikely

Aircraft ABS soars through first deal of 2024

Global Jet deal priced at least 15bp under guidance across the capital stack
Five auto deals have filed 15-Gs since Friday

Cerberus refinances Granite but Auburn unlikely this month

Granite 4 and 5 combined but Auburn calls transferred to 'unrelated third party'
FIG
◆ UK's biggest building society kicks off FY 2024 issuance programme ◆ Treasury deputy Collins on 'never being a forced issuer' ◆ Nationwide and Virgin Money combined issuance needs under consideration

Investors race for Mercedes auto ABS at increased deal size

Demand remains strong as the car maker prices a euro deal and launches a sterling ABS

Belmont Green gets its flowers

◆ UK RMBS tightening ◆ Troublesome triple-C buckets ◆ George's marvellous microphone
FIG
◆ UK's biggest building society kicks off FY 2024 issuance programme ◆ Treasury deputy Collins on 'never being a forced issuer' ◆ Nationwide and Virgin Money combined issuance needs under consideration
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