-
Synthetic slew
CRT issuances hit before year-end
A slew of synthetic securitisations have hit the market before year-end. The risk transfer issuances...
News 21 December 2018 -
Inaugural post-crisis CLO prepped
Sector developments and company hires
CLO manager comeback AIG is marketing its first BSL CLO since the financial crisis, totalling US$5...
Market Moves 21 December 2018 -
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 -
Cross-currency basis
US CLO market update
All but a few US CLO new issues have been postponed until 2019, although at least one deal is set to...
Market Reports 19 December 2018 -
Japanese dependence
European ABS market update
European ABS markets have effectively closed for the year. Deals in the pipeline are now expected to...
Market Reports 19 December 2018 -
ILS ventures launched
Sector developments and company hires
ILS Rewire Holdings and Vida Capital have announced the formation of Merion Square Capital, a join...
Market Moves 19 December 2018 -
Cerberus explores RMBS options
Sector developments and company hires
Granite alternatives Cerberus European Residential Holdings is exploring strategic alternatives wi...
Market Moves 17 December 2018 -
SCI Start the Week - 17 December
A review of securitisation activity over the past seven days
Market commentary European CMBS BWIC activity swelled after the Taurus 2018-3 DEU deal priced last...
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 -
Running dry
Euro CLO secondary market update
The European CLO primary pipeline is running dry. Traders are increasingly looking at BWIC activity...
Market Reports 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 -
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 -
Libor consultation launched
Sector developments and company hires
ILS Peak Reinsurance Company has launched Asia’s first sidecar transaction via a new Ber...
Market Moves 11 December 2018 -
Selling spike
US CLO market update
There has been a spike in selling of investment grade paper on the US CLO secondary market, coming m...
Market Reports 11 December 2018 -
Reaching capacity
New CLO managers continue flocking to Europe
Seven new CLO managers are warehousing assets, with European CLO platforms ready to issue in 1Q19. M...
News Analysis 7 December 2018