Texas

Texas blazes the trail

Category: Capital Relief Trades


Previous Story       Next Story

The first CRT deal from a US regional fires the starting gun

Texas Capital Bank has become the first US regional bank to issue a credit risk transfer deal, breaking the ice in what is expected to be an increasingly active area of the US CRT market.

A $275m CLN references a $2.2bn mortgage loan exposure and the deal was oversubscribed, says the bank.

Already registered?

Not yet registered? Join today to access SCI Content.

-