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Disintermediation driving reallocation
New research conducted by Bishopsfield Capital Partners highlights that disintermediation is firmly...
News Round-up 30 October 2013 -
PROUL 1 basis highlighted
The sale of three assets from the LCP Proudreed CMBS portfolio will result in a £9.17m part...
News 29 October 2013 -
Spread tightening boosts AMs, AJs
US CMBS spreads narrowed last week, with the GSMS 2007-GG10 A4 bond ending Friday at 164bp over swap...
Market Reports 29 October 2013 -
CDO auctions due
Auctions have been scheduled for the Crystal Cove CDO and Margate Funding I deals on 18 and 19 Novem...
News Round-up 29 October 2013 -
Action seen in secondary US ABS
US ABS secondary supply remained moderate yesterday, with BWIC volume reaching US$180m. The focus wa...
Market Reports 25 October 2013 -
Single-B benefits bring buyers
CLO single-B tranche supply has totalled US$731m so far in 2013. The nascent market segment offers a...
News 25 October 2013 -
LCR impact weighed
The Federal Reserve has proposed a rule that would for the first time in the US create a standardise...
News 25 October 2013 -
ABS CDO on the block
An auction for the Trainer Wortham First Republic CBO III transaction is scheduled for 14 November....
News Round-up 24 October 2013 -
Canadian MBS pricing offered
Thomson Reuters has rolled out evaluated pricing for Canadian MBS to assist customers in accessing a...
News Round-up 24 October 2013 -
Liquidation timelines continue to extend
Liquidation timelines continue to extend for distressed US RMBS loans, according to Fitch. The agenc...
News Round-up 23 October 2013 -
Rapid deleveraging seen in Euro CLOs
European leveraged-loan CLOs are deleveraging more rapidly than might be expected after their reinve...
News Round-up 23 October 2013 -
Change afoot for Freddie K-series
Losses on even the most recent Freddie Mac K-series CMBS notes are expected to be low, despite signs...
News 23 October 2013 -
Pubco swap offer 'credit positive'
Spirit has made an offer to tender and swap its existing A1 and A3 bonds into newly-issued A6 and A7...
News 22 October 2013 -
Awaited BWIC hits Euro CLO market
As expected, the focus of the European CLO market yesterday was on a large US credit hedge fund bid-...
Market Reports 22 October 2013 -
SCI Start the Week - 21 October
A look at the major activity in structured finance over the past seven days
Pipeline More deals joined the pipeline last week, with each of the asset classes represented. Four...
News 21 October 2013 -
Compression continues for Euro CLOs
It has been a fairly eventful week for the European CLO market, with BWICs providing solid secondary...
Market Reports 18 October 2013