Issue 675 - 17th January
-
News Analysis
- ABS
-
Under pressure
US student loan ABS holding firm so far
US student loan ABS faces a difficult year from both technical and political pressures. However, there is room for a little cautious optimism and for now at least spreads are holding up reasonably well. BofA global research analysts underline the b...
-
- ABS
-
News
- Structured Finance
-
SCI Start the Week - 13 January
A review of securitisation activity over the past seven days
Transaction of the week Goldman Sachs is marketing River Green Finance 2020, which is expected to be the first green European CMBS. The deal comprises four tranches totalling €186.39m, plus two as yet unsized X classes and is set to close o...
-
- Capital Relief Trades
-
Consumer boost
Santander completes innovative SRTs
Santander has completed two synthetic securitisations of consumer loans. The transactions are the bank’s final consumer SRTs from 2019 and feature a number of innovations. One of the transactions is a mezzanine trade consisting of a &...
-
- Structured Finance
-
Market Moves
- Structured Finance
-
Landmark quake bond closed
Sector developments and company hires
DLT legal analysis published ISDA, Clifford Chance, R3 and the Singapore Academy of Law have published a new whitepaper that provides analysis on the legal issues relating to the use of smart derivatives contracts on distributed ledger technology...
-
-
-
Hong Kong ABS recommendations released
Sector developments and company hires
Alternative risk transfer Arthur J Gallagher has increased its interest in Capsicum Reinsurance Brokers from 33% to 100%. Capsicum Re launched in December 2013 through a strategic partnership with Gallagher. There are no management changes as a re...
-
-
-
Aircraft equity investment disclosed
Sector developments and company hires
Aircraft equity investment Floreat has disclosed that it invested US$25m in the equity certificates of Air Lease Corporation’s recent Thunderbolt III aircraft ABS. The securitisation is secured by a portfolio of 19 commercial aircraft on...
-
-
-
FFELP transition legislation mooted
Sector developments and company hires
Call for FFELP solution The SFA has joined the Education Finance Council (EFC) in calling for wholesale legislation to smoothly transition FFELP student loans and the related subsidy away from Libor, to avoid potential disruption to over US$277bn of...
-
-
-
'No Data' threshold consultation underway
Sector developments and company hires
C-PACE partnership Eyzenberg & Company and Greenworks Lending have formed Eyzenberg Green Capital, a partnership dedicated to funding commercial real estate transactions through commercial PACE. Eyzenberg Green Capital is a direct balance...
-
- Structured Finance
![]() ![]() ![]() ![]() ![]() |