-
Positive outlook
Survey indicates distressed debt pick-up
A new survey of private markets suggests that a pick-up in distressed debt activity is likely over t...
News 13 May 2020 -
Risk transfer round-up - 13 May
CRT sector developments and deal news
Bank of Montreal is rumoured to be prepping a corporate loan capital relief trade for 3Q20. The lend...
News 13 May 2020 -
SFSF investments disclosed
Sector developments and company hires
SFSF investments disclosed The AOFM has disclosed the recent investments it has made under the Stru...
Market Moves 12 May 2020 -
Residual value buffer provided
Sector developments and company hires
Residual value buffer provided Volkswagen Financial Services UK will calculate a collateral resid...
Market Moves 11 May 2020 -
SCI Start the Week - 11 May
A review of securitisation activity over the past seven days
Last week's stories CRM tool CBILS guarantees eligible for CRR recognition EC decision awaite...
News 11 May 2020 -
Drafting issues
Assia Damianova, special counsel at Cadwalader, Wickersham & Taft LLP, considers the potenti...
CRTs typically consist of a credit transfer instrument entered into between the credit institution a...
Talking Point 11 May 2020 -
EC decision awaited
Preferential capital treatment mooted for STS synthetics
The EBA’s framework for STS synthetic securitisations (SCI 6 May) is broadly in line with...
News Analysis 7 May 2020 -
CRM tool
CBILS guarantees eligible for CRR recognition
The UK PRA published at the end of April a statement clarifying whether Coronavirus Business Interru...
News 7 May 2020 -
Risk transfer round-up - 7 May
CRT sector developments and deal news
BBVA is rumoured to be readying a capital relief trade for 2Q20. The lender has completed a total of...
News 7 May 2020 -
NPA opportunities
Global investors target Indian distressed debt
The coronavirus fallout is set to severely impact credit delivery and asset quality in India, with o...
News Analysis 7 May 2020 -
STS synthetics proposals published
Sector developments and company hires
STS synthetics proposals published The EBA has published its proposals for developing an STS framew...
Market Moves 6 May 2020 -
Ladder locks in financing
Sector developments and company hires
Ladder locks in financing Ladder Capital has entered into a strategic financing arrangement with ...
Market Moves 5 May 2020 -
Romanian SRT inked
Uncapped guarantee completed
The EIF and nine Romanian banks have completed an uncapped guarantee agreement from the SIUGI progra...
News 5 May 2020 -
Modifications up
MPL impairments bucking the trend
US marketplace loan payment impairment rates have increased amid the coronavirus fallout but remain...
News 5 May 2020 -
Ratings resilience
Shorter pro-rata periods to benefit SRTs
A sharp deterioration in asset performance due to the coronavirus fall-out may lead to sequential pa...
News 5 May 2020 -
WAM guidelines finalised
Sector developments and company hires
WAM guidelines finalised The EBA has published its final guidelines on the determination of the wei...
Market Moves 4 May 2020