A review of securitisation activity over the past seven days

Last week's stories CMBS sailing Stormy waters ahead and astern, but the US CMBS market has avoi...

Montepio inks first synthetic securitisation

Montepio Bank and the EIF have finalised a synthetic securitisation that references a revolving &...

Commerzbank inks private SME SRT

Commerzbank has placed a €330m mezzanine tranche that references a €6bn revolving...

Third-party risk-sharing prospects raised

The EIF has completed two synthetic securitisations with Banca Monte dei Paschi di Siena (BMPS) and...

Sector developments and company hires

CLO team finds new home Fidelity International has established a new private credit capability wi...

GARC programme broadened further

Intesa Sanpaolo has finalised an Italian synthetic securitisation that references a €1.3bn...

Sector developments and company hires

Euro CLO equity yields dip Annualised equity dividend yields across European CLOs averaged 12.9% in...

CRT sector developments and deal news

JPMorgan is believed to be arranging a corporate capital relief trade for an undisclosed Canadian ba...

Greek banks eye CRTs to tackle NPLs

SCI publishes regular in-depth analysis of trends and developments across the capital relief trades...

Sector developments and company hires

Landmark Pan-Asian ILS launched MS Amlin Underwriting has launched Phoenix 1 Re, the first locally...

Canadian bank said to ready CRT

A Canadian bank, rumoured to be Scotia, is working on a new CRT trade, say well-placed market source...

It's a more credit-positive story for CRT than delinquency data indicates

Just before Christmas, Fitch Ratings placed 372 classes of GSE-issued CRT bonds on ratings watch neg...

Lloyds finalises Fontwell II

Lloyds has priced the second transaction from its Fontwell programme. Dubbed Fontwell II Securities...

Excess spread concerns highlighted

The trilogue agreement on the European Commission’s ‘quick fix’ propos...

Barclays reopens CRE CRT market

Barclays has completed three capital relief trades from the Colonnade programme that reference the s...

STS synthetics onshoring awaited

Formal adoption by the EU of the STS synthetics regime will not realistically occur until 1Q21, afte...