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Mezz opportunity
Insurer interest in risk transfer on the rise
The facility recently inked by Texel Finance and Liberty Specialty Markets (SCI 9 November 2018) sig...
News Analysis 10 January 2019 -
UK tax partner pinched
Sector developments and company hires
UK Hunton Andrews Kurth has recruited David Klass as a partner in its London office. Klass brings...
Market Moves 8 January 2019 -
Freddie Mac launches debut reinsurance deal
Company hires and sector developments
Acquisitions doBank has acquired 85% of NPL servicer Altamira Asset Management from entities affil...
Market Moves 7 January 2019 -
SCI Start the Week - 7 January
A review of securitisation activity over the past seven days
Transaction of the week Santander has launched an unusual synthetic securitisation of auto loans,...
News 7 January 2019 -
Middle march
Boost for middle market and hybrid CLOs
The US SEC’s no-action letter in connection with a recent Golub Capital CLO paves the way...
News Analysis 21 December 2018 -
Disclosure draft not endorsed
EC refuses to endorse draft technical standards
The European Commission has stated that it only intends to endorse the draft technical stan...
News 20 December 2018 -
GSE footprint
FHFA changes to bring housing market reform?
President Trump’s nomination of Mark Calabria, currently chief economist for Vice Presiden...
News Analysis 20 December 2018 -
Consumer SRT completed
Santander opts for true sale format
Santander last month priced Kimi 7, a €665.3m true sale significant risk transfer transacti...
News Analysis 19 December 2018 -
Programmatic issuance
UBI Banca completes second CRT
UBI Banca has completed its second-ever capital relief trade, paving the way for more programmatic i...
News 19 December 2018 -
Deal delay?
European ABS market update
A trader reports that nothing has been heard of the Alhambra SME Funding 2018-1 deal, which &ldq...
Market Reports 18 December 2018 -
Wetherby 2 completed
SONIA-linked synthetic securitisation debuts
Lloyds has completed a £142.5m 7.25-year financial guarantee referencing a £1.5b...
News 17 December 2018 -
Landmark transaction launched
UK RMBS is first securitisation tied to SONIA rate
The first securitisation with liabilities tied to the Sterling Overnight Index Average (SONIA) rate...
News 17 December 2018 -
ABSPP plans published
Sector developments and company hires
APP reinvestment set The ECB has outlined the technical parameters for the reinvestment of the pri...
Market Moves 14 December 2018 -
STS guidelines published
Sector developments and company hires
P2P head hired Dynamic Credit has hired Giles Andrews as chairman of its supervisory board. The bo...
Market Moves 13 December 2018 -
Prepayment offer
European CMBS market update
European CMBS BWIC activity has swelled after the Taurus 2018-3 DEU deal priced today. Unusually, no...
Market Reports 12 December 2018 -
Global leader appointed
Sector developments and company hires
Amended complaint filed The state of Colorado has filed a Second Amended Complaint relating to sta...
Market Moves 12 December 2018