Weekly Issue Archive »

Issue 928 - 15th November

  • News Analysis

    • Capital Relief Trades

      • SRT Journal: Moving parts

        The second of five essays compiled in SCI's inaugural SRT Journal explores US regional bank CRT acti...

        CRTs are becoming increasingly attractive to US regional banks, having historically remained almost exclusively the preserve of the so-called global systemically important banks (G-SIBs) in the country. Yet a much anticipated wave of issuance in 2024...

    • Asset-Backed Finance

      • Fund finance milestone

        Investec and Ares ink 'first of its kind' subscription lines securitisation

        Investec Fund Solutions, the fund solutions arm of Investec Bank, has recently inked a landmark partnership with alternative investment firm Ares Management to launch what is believed to be the first-ever subscription lines securitisation. The bespok...

    • ABS

      • Zilch eyes zero-cost credit via ABS

        Zilch paves the way for financial inclusion with plans for public ABS and IPO

        In a bid to disrupt the revolving debt burden that impacts millions of consumers, London-based fintech Zilch is eyeing the next stage in its ambitious growth strategy with plans to expand its ABS facilities and eventually launch an IPO. The company,...

      • SCI In Conversation Podcast: Gregor Burkart, Enpal

        We discuss the hottest topics in securitisation today...

        In this episode of the SCI In Conversation podcast, SCI's Selvaggia Cataldi speaks to Gregor Burkart, leader of the refinancing division at Enpal, about the company’s recent milestone in Europe’s renewable energy sector. Burkart s...

  • SRT Market Update

    • Capital Relief Trades

      • Stiff competition

        SRT market update

        As we approach year-end, tightening spreads continue to raise the eyebrows of many investors across the SRT market. Investors have been particularly vocal about Barclays’ sixth Colonnade deal, which priced last month at SOFR+9.05%, accord...

  • News

    • Asset-Backed Finance

      • Italian revival

        Private credit in real estate finance gaining traction

        AXA IM Alts recently acquired a portfolio of Italian real estate loans from an international bank through a securitisation structure, while Société Générale has syndicated another portfolio of Italian real...

    • Capital Relief Trades

      • Auto II for Huntington

        Second auto loan CLN in 2024 for Huntingdon

        Huntington Bank last week settled a prime auto loan CLN reg cap trade, referencing a US$4.072bn portfolio. Joint bookrunners were Bank of America and Morgan Stanley (structuring leads) and JP Morgan. Huntington sold US$486.65m into the market in...

      • Latest SRTx fixings released

        SRTx figures display continuity

        With market sources continuing to report a tightening in spreads for new issue trades (repeat benchmark deals from established issuers are seeing bids 100+ basis points tighter than comparable transactions from earlier in 2024), the latest SRTx fixin...

    • CLOs

      • Ex-Accunia exec to launch Euro CLO equity investment platform

        Grane speaks to SCI about building a new London team and seeking investors

        Christian Grane, the former head of investments at Accunia Credit Management, is aiming to launch a dedicated European CLO equity investment platform in the second or third quarter of next year. Speaking to SCI, Grane, who left Accunia in...

  • Market Moves

    • Structured Finance

      • Job swaps weekly: Senior Pemberton CLO exec launches Auctus Strategies

        People moves and key promotions in securitisation

        This week’s roundup of securitisation job swaps sees a former Pemberton Asset Management director launching her own sustainability consulting business. Meanwhile, Atlas SP has given its interim ceo the role on a permanent basis, while Clima...


Print this issue Click here to access this issue in print format

×