Weekly Issue Archive »

Issue 938 - 7th February

  • News Analysis

    • CLOs

      • Middle market CLO boom to continue

        This year is expected to bring continued resilience, fewer defaults, and rising investor confidence

        Last year saw record-breaking middle market (MM) CLO issuance, fuelling massive growth in credit estimates, according to S&P Global Ratings' latest Private Credit And Middle-Market CLO Quarterly report. Over 3,500 credit estimates were issu...

    • ABS

      • UK auto ABS outlook diverges from European peers

        Recent court ruling weighs on 2025 expectations for some auto finance providers

        Regulatory uncertainty in UK car financing is suppressing the outlook for auto ABS in the country. A decision taken last year by the Court of Appeal of England and Wales will likely impact some auto finance providers – and the auto ABS pipe...

    • CLOs

      • Mid-market CLOs: Blurring the lines with BSL vehicles

        Hybrid CLOs on horizon with convergence of MM and BSL CLOs

        The CLO market is transforming with growing cross-pollination between middle-market (MM) CLOs and broadly syndicated loan (BSL) CLOs. Driven by investor confidence, tighter spreads, and increasing acceptance of private credit structures as viable alt...

    • Asset-Backed Finance

      • MA reforms set to boost UK securitisation

        PRA to deliberate on 'Matching Adjustment Investment Accelerator' in 1H25

        The UK securitisation sector is poised to see a steady increase in activity, following the implementation of Matching Adjustment (MA) reforms introduced in late 2024. While the reforms offer more flexibility in asset-backed investments – sh...

      • SCI in Focus: ABF key motivator in private credit consolidation

        Acquisitions driven by opportunities beyond traditional corporate lending

        The alternative credit sector saw a continued drive towards market consolidation in 2024, with asset-backed finance (ABF) emerging as a key motivator for such activity. Last year saw a near-record US$260bn in acquired AUM, according to Gapstow&rs...

  • News

    • Asset-Backed Finance

      • British Business Bank backs EV financing

        New support for £100m+ EV lending facility amid market uncertainty

        The British Business Bank has committed to support a structured lending facility from Paragon Bank geared at incentivising the adoption of EVs in the UK’s used auto market. The announcement comes amid ongoing regulatory uncertainty in the U...

    • Capital Relief Trades

      • Wells Fargo debut

        After false alarms Wells brings inaugural reg cap trade

        Wells Fargo, it has emerged, closed its debut reg cap trade in December, in a deal referencing an US$8bn portfolio of funds finance facilities, according to well-placed market sources. The deal has been dubbed Project Panama. The bank sold a first...

  • Market Moves

    • Structured Finance

      • Job swaps weekly: Haynes Boone poaches asset securitisation team

        Securitisation people moves and key promotions

        This week’s round-up of securitisation job swaps sees Haynes Boone strengthen its fund finance and asset securitisation practices with the hiring of seven attorneys from Seward & Kissel in New York. Elsewhere, several other law firm...


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

×