Issue 542 - 2nd June
-
News Analysis
- Structured Finance
-
STS strikes investor and issuer balance
Further details have emerged over the STS securitisation agreement that was finalised this week (SCI 31 May). Most notably, the authorisation process for third parties that support verification and compliance with STS requirements strikes a balance b...
-
- Structured Finance
-
SCIWire
- Secondary markets
-
Euro secondary sporadic
The European securitisation secondary market continues to exhibit the pattern of recent weeks with s...
-
-
-
US CLOs stable
The US CLO secondary market continues to be stable. "The market is taking a bit of a pause and we'...
-
- Secondary markets
-
News
- ABS
-
Credit-scoring models contrasted
The importance to ABS of the VantageScore credit-scoring model continues to grow, with structured finance transactions increasingly using the credit metric. As such, rating agency DBRS believes investors would benefit from a greater understanding of...
-
- Structured Finance
-
STS framework finalised
A deal has been reached on the long-awaited new EU securitisation regulations, including a framework for STS securitisation. In what is being seen as a major step forward for the European ABS market, the European Commission, Council and Parliament re...
-
-
-
MARF listing breaks new ground
The Mercado Alternativo de Renta Fija (MARF) has admitted a new synthetic securitisation dubbed FT PYMES Magdalena, set up by Banco Santander's securitisation management company, Sociedad Gestora Santander de Titulización SGFT. The move sets...
-
-
-
Risk transfer round-up - 2 June
Dynamic Credit is prepping another Dutch RMBS originated under the ELAN Woninghypotheken brand. Dubbed DCDML 2007-1, it is being arranged by Goldman Sachs and is expected to launch by end-Q3. The full capital stack DCDML 2016-1 was completed last Oct...
-
- CMBS
-
Bio-science CMBS prepped
Blackstone is in the market with a US$330m CMBS backed by a two-year floating rate commercial mortgage. Dubbed CGDB 2017-BIO, the transaction is backed by a first lien on the borrower's fee and leasehold interests in a portfolio of 18 life science, o...
-
- ABS
-
Job Swaps
- Structured Finance
-
Job swaps round-up - 2 June
EMEA BNP Paribas Asset Management has launched a new private debt and real assets investment group, headed by David Bouchoucha. This is together with the appointments of Philippe Deloffre as head of real estate debt, Karen Azoulay as head...
-
- Structured Finance
![]() ![]() ![]() ![]() ![]() |