Slow but steady

Category: ABS CLOs CMBS

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Sentiment around STS warms, although issuance forecasts remain muted, say Global ABS panellists.

Extention of the STS regime to more asset classes would benefit the European ABS market, according to panellists at Global ABS today. They also shared muted optimism about the next six months for the sector, predicting steady but slow growth.

Salim Nathoo, partner, Allen & Overy, highlighted that the Securitisation Regulation is an extra step issuers have to go through, with STS providing an “additional challenge.”

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