ABS
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ABSPP plans published
Sector developments and company hires
APP reinvestment set The ECB has outlined the technical parameters for the reinvestment of the pri...
Market moves 14 December 2018 -
JV trend continues
Landmark NPL transactions agreed
Banco BPM announced this week a non-performing loan securitisation with Elliott International and Cr...
News Analysis 14 December 2018 -
STS guidelines published
Sector developments and company hires
P2P head hired Dynamic Credit has hired Giles Andrews as chairman of its supervisory board. The bo...
Market moves 13 December 2018 -
Concerns ignited
Wildfire peril pricing questioned
ILS market participants are re-evaluating whether the pricing of wildfire risk in catastrophe bonds...
News Analysis 13 December 2018 -
Libor consultation launched
Sector developments and company hires
ILS Peak Reinsurance Company has launched Asia’s first sidecar transaction via a new Ber...
Market moves 11 December 2018 -
Risks remain
Termination risks persist for SF transactions in no-deal scenario
Contingency plans being implemented by financial institutions will help to avoid many derivatives ri...
News 10 December 2018 -
Corporate finance partner hired
Sector developments and company hires
CDO manager transfer Dock Street Capital Management has replaced Deerfield Capital Management as c...
Market moves 7 December 2018 -
Bid scarcity
European ABS market update
A major UK bank is focusing efforts of European NPLs in the coming weeks, as spreads continue to wid...
Market Reports 7 December 2018 -
BTL securitisation planned
Sector developments and company hires
Europe Accunia has promoted Mads Romild as head of Accunia’s CLO platform. Romild will c...
Market moves 6 December 2018 -
TRAFIN relaunched
Deutsche Bank replaces trade finance CRT
Deutsche Bank has refinanced its TRAFIN 2015-1 deal with the issuance of a new trade finance capital...
News Analysis 5 December 2018 -
Colonnade issuance continues
Barclays completes corporate capital relief trade
Barclays has completed Colonnade Global 2018-2, a US$110m financial guarantee that references a US$1...
News 5 December 2018 -
Enforcement uncertainty
Set-back for STS-eligible issuance
The recent statement issued by the Joint Committee of the ESAs (SCI 4 December) is unlikely to be su...
News 5 December 2018 -
Activity upsurge
European ABS market update
The European primary and secondary ABS markets are seeing a surge in activity, due to uncertainty ov...
Market Reports 4 December 2018 -
BDC merger announced
Sector developments and company hires
BDC merger Golub Capital BDC (GBDC) has merged with Golub Capital Investment Corporation (GCIC), w...
Market moves 4 December 2018 -
Proportional approach
ESAs tackle delay in transparency requirements
The joint European Supervisory Authorities (ESAs) - which consist of the EBA, ESMA and the European...
News 4 December 2018 -
ESAs suggest 'proportion'
Sector developments and company hires
Aussie securitisation fund The Australian government has introduced a A$2bn Australian Business Se...
Market moves 3 December 2018 -
SCI Start the Week - 3 December
A review of securitisation activity over the past seven days
Market commentary European ABS activity remained subdued last week, with spreads drifting wider, du...
News 3 December 2018 -
NPL plans accelerated
Company hires and sector developments
Eurobank merger Eurobank is merging with Grivalia in a bid to accelerate the reduction of non-perf...
Market moves 30 November 2018 -
Tighter pricing
Latest Elvetia trade completed
Credit Suisse has completed a Swiss corporate and SME significant risk transfer trade from its Elvet...
News 30 November 2018 -
Tough approach
PRA guidance puts UK CRT issuers at a disadvantage
The UK PRA’s latest significant risk transfer guidance is putting UK capital relief trade...
News Analysis 30 November 2018 -
Funding boost for online lender
Sector developments and company hires
Alesco CDOs transferred The collateral management agreements for the Alesco Preferred Funding X to...
Market moves 29 November 2018