Weekly Issue Archive »

Issue 954 - 30th May

  • News Analysis

    • CLOs

      • US BSL CLO double-B tranche covers range widely amid MVOC dispersion

        Poh-Heng Tan from CLO Research shares insignts into US BSL CLO double-B tranches

        US BSL CLO double-B tranches traded yesterday with cover bids ranging from 496 DM to 1,000 DM, according to SCI's BWIC data. Two 2021 vintage bonds—BATLN 2021-22A E and OCT53 2021-1A E—cleared at wide levels due to poor...

    • ABS

      • Agency mortgage paper looks good, says new report

        Asset manager spotlights unusually attractive risk profile for MBS

        Agency MBS, historically something of a niche investment, currently offer good returns versus investment grade (IG) paper in addition to low prepayment risk, according to a new report by global asset manager Janus Henderson. In the face of much glo...

    • Structured Finance

      • SCI In Conversation Podcast: Scott Frame, Bank Policy Institute

        We discuss the hottest topics in securitisation today...

        In this episode of SCI In Conversation, Scott Frame, senior vice president and deputy head of research, at the Bank Policy Institute in Washington DC, talks to US editor Simon Boughey about how post-GFC regulation capped growth in the securitisation...

  • News

    • Asset-Backed Finance

      • Forward flow appetite grows in real estate ABF

        LibreMax backs Legacy with US$180m ABF facility amid surge in real estate forward flows

        As real estate lenders seek deeper institutional partnerships to scale short-term credit platforms, structured credit investors are increasingly stepping in with tailored ABF funding. LibreMax Capital’s US$180m facility with Legacy Group Ca...

    • Capital Relief Trades

      • EC proposes 'serious' adjustments to the CRR and SecReg

        Leaked drafts point towards 'consistent and predictable' SRT framework

        This week, two draft documents from the European Commission (EC) regarding proposed adjustments to the CRR and Securitisation Regulation were leaked. The picture that has emerged thus far is largely positive. Nevertheless, market sources warn that th...

  • The Structured Credit Interview

    • Asset-Backed Finance

      • Crayhill eyes expansion after closing US$1.3bn ABF fund

        ABF platform to scale with fresh capital and a growing pipeline as insurers fuel demand amid annuity...

        Crayhill Capital Management is seeking to expand its horizons after closing its third ABF fund at US$1.31bn last month, including US$162m in co-invest commitments. The close marks a major milestone amid rising insurer demand for long-duration, yield-...

    • Capital Relief Trades

      • Setting the scene

        Ahead of her panel appearance at FT Live Fixed Income Events' Global ABS in Barcelona next month, Sa...

         Q: The Global ABS Conference is just around the corner – which SRT topics or panels are you most looking forward to?    A: We are always interested in asset classes experiencing significant growth, suc...

  • Market Moves

    • ABS

      • Reed Smith builds structured finance practice

        New partner to spearhead push in esoterics and others

        Reed Smith recruited Jeffrey Stern as a partner in its Financial Industry Group, based in New York, last July and his hire is part of a broader push to position the firm as one of the leading structured finance practice. “In a couple of y...

    • Structured Finance

      • Job swaps weekly: Lane42 names senior execs for new strategy launch

        People moves and key promotions in securitisation

        This week’s roundup of securitisation job swaps sees Lane42 Investment Partners naming six senior executives to spearhead the launch of its capital opportunities investment strategy. Elsewhere, K&L Gates has promoted a structured fi...


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

×