SCI Start the Week - 5 February 2024

SCI Start the Week - 5 February 2024

Monday 5 February 2024 11:58 London/ 06.58 New York/ 19.58 Tokyo

A review of SCI's latest content

Last week's news and analysis
B note bonanza
GSE CRT benefitting from 'bullish technical'
Job swaps weekly: M&G lures new cio from Allianz GI
People moves and key promotions in securitisation
Mortgage modelling
Agency MBS could 'exacerbate' financial crises
Office loans face global DFG challenges
AEW publishes its first global CRE debt funding gap analysis
Powen pioneers Spanish solar ABS
Brookfield Asset Management portfolio company close pioneering deal
PRA urged to fix non-neutrality issue
Updates on PCS output floor response and Italian NPL court ruling
Plus
Deal-focused updates from our ABS Markets and CLO Markets services

Regulars

Recent premium research to download
Hotel CMBS – November 2023
The lodging sector is one of the few bright spots in the US CMBS landscape. This Premium Content article uncovers the reasons why.

Project finance CRT – November 2023
Synthetic securitisation is expected to play a key role in assisting Europe’s transition towards a more sustainable economy. This Premium Content article explores the significance of project finance SRT transactions within this context.

Data centre securitisation – November 2023
Insatiable demand for connectivity is fuelling a rise in data centre securitisation issuance. This Premium Content article tracks the market’s development.

(Re)insurer participation in CRTs – October 2023
(Re)insurer interest in CRTs is rising, but execution of unfunded transactions remains limited. This Premium Content article outlines the hurdles that still need to be overcome.

Utility ABS – October 2023
An uptick in utility ABS is expected as US utilities seek financial solutions for retiring the country’s aging fossil fuel fleet. This SCI Premium Content article explores how the proceeds from these transactions can be used to facilitate an equitable energy transition.

All of SCI’s premium content articles can be found here.

SCI Global Risk Transfer Report 2023: New frontiers in CRT
Sponsored by Arch MI, Man GPM, Mayer Brown and The Texel Group, the free report is available to download here.

SCI In Conversation podcast 
In the latest episode of the SCI In Conversation podcast, SCI's deputy editor Kenny Wastell speaks to S&P Global Ratings’ md and head of EMEA structured finance research Andrew South and Alastair Bigley, md and sector lead for European RMBS, about the year ahead.
The episode can be accessed here, as well as wherever you usually get your podcasts, including Apple Podcasts and Spotify (just search for ‘SCI In Conversation’).

SCI Markets
SCI Markets provides deal-focused information on the global CLO and Australian/European/UK ABS/MBS primary and secondary markets. It offers intra-day updates and searchable deal databases alongside CLO BWIC pricing and commentary. Please email Tauseef Asri at SCI for more information or to set up a free trial here.

SRTx benchmark
SCI has launched SRTx (Significant Risk Transfer Index), a new benchmark that measures the estimated prevailing new-issue price spread for generic private market risk transfer transactions. Calculated and rebalanced on a monthly basis by Mark Fontanilla & Co, the index provides market participants with a benchmark reference point for pricing in the private risk transfer market by aggregating issuer and investor views on pricing. For more information on SRTx or to register your interest as a contributor, click here.

Upcoming SCI events
SCI’s 3rd Annual ESG Securitisation Seminar
16 April 2024, London

Emerging Europe SRT Seminar
18 June 2024, Warsaw

2nd Annual Esoteric ABS Seminar
25 June, New York

CRT Training for New Market Entrants
14-15 October, London

Women In Risk Sharing
15th October, London

10th Annual Capital Relief Trades Seminar
16 & 17 October 2024, London

2nd Annual European CRE Finance Seminar
November 2024, London


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