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Euro CLO equity in demand
European CLO investors are becoming increasingly competitive in their search for yield. Equity piece...
Market Reports 19 February 2014 -
LDP11 bucks liquidation trend
Remittances have been reported for three more US CMBS with exposure to the CWCapital bulk sale &...
News Round-up 19 February 2014 -
Call prospects up in container ABS
Calls are expected to be the primary area of focus in 2014 for container ABS investors. Wells Fargo...
News Round-up 18 February 2014 -
CLO refinancing options examined
Moody's notes in its latest CLO Interest publication that more refinancing options have become avail...
News Round-up 18 February 2014 -
Vivarte exposure eyed
French retailer Vivarte last week suspended payments on €2.8bn of buyout debt while it neg...
News Round-up 18 February 2014 -
Further positive CWCap outcomes
The February remittance for the MLCFC 2007-5 CMBS recorded US$192m of liquidations across 10 propert...
News Round-up 17 February 2014 -
Late-pays drop on bulk sales
US CMBS delinquencies declined by 9bp in January to 5.89%, from 5.98% a month earlier. Late-pays are...
News Round-up 17 February 2014 -
Final straight for legacy issues?
After some GMAC/RFC deals wrapped by FGIC began to receive settlement payments in the January remitt...
News 14 February 2014 -
RMBS tender withdrawn
Fir Tree Partners has terminated its cash tender offer for six RMBS (SCI passim). All of the trusts...
News Round-up 14 February 2014 -
Barbelled resolutions for GG10
The February remit for GSMS 2007-GG10 shows that 16 CMBS loans totalling US$592.6m were liquidated i...
News Round-up 13 February 2014 -
Cards lead ABS rebound
US ABS BWIC volume surged to US$241m yesterday, up from just US$77m the day before. Supply was skewe...
Market Reports 13 February 2014 -
Seasonality affects auto valuations
There can be significant month-to-month changes in US auto loan ABS prepayment speeds. This degree o...
News 13 February 2014 -
Net loss anticipated for Beacon Seattle
BACM 2007-2 has become the first CMBS containing a pari passu part of the US$1.3bn Beacon Seattle &a...
News Round-up 12 February 2014 -
Legacy lists lead CMBS supply
Generic US CMBS spreads were unchanged yesterday as BWIC volume climbed to US$260m. SCI's PriceABS d...
Market Reports 12 February 2014 -
Quieter start for US RMBS
Bid-list activity eased off in the US RMBS market yesterday, with total non-agency BWIC volume of ar...
Market Reports 11 February 2014 -
Liquidation proceeds hit BACM 2008-1
The February remit report for BACM 2008-1 shows that proceeds from the sale of a property identified...
News Round-up 11 February 2014