Lone Star, Mars Capital Marketing 750m in NPL, RPL Irish RMBS
Two private equity firms, Lone Star Funds and Mars Capital, are marketing a total 750 million in bonds backed by non-performing and re-performing Irish residential mortgages.
Europe
Blackstone, Prudential Prep £12B in UK Buy-to-Let RMBS
Blackstone and Prudential are marketing two offerings of mortgage bonds backed by over £12 billion in UK buy-to-let loans that were auctioned off last month by the British government.
BBVA, Popular Securitizing 1.89B in Consumer Loans
Banco Bilbao Vizcaya Argentaria (BBVA) and Banco Popular Español are securitizing consumer loans issued in Spain. Banco Popular's 510 million two-year revolving securitization is its first-ever in its home country.
InvestCorp Marketing 1st Euro CLO Post-3i Takeover
Investcorp Credit Management EU is debuting its first European CLO since announcing its acquisition of the debt management business from 3I Group last October.
GMAC UK Marketing 8th Auto Lease ABS
GMAC is issuing its eighth asset-backed UK transaction in a £385.8 million (US$481.3 million) bond offering backed by individual and small-business vehicle lease contracts.
Spire Partners Prices 1st New Issue Euro CLO of March
Spire Partners priced the first new Euro-denominated CLO deal for March, the 348 million Aurium CLO III last week, according to a report published Monday by Moody's Investors Service.
Defaulted Holdings in CLOs Ticked Up in 4Q
The monthly change for defaulted holdings in CLO 2.0s which now comprise 95% of the market for outstanding CLO issues rose 0.1% and now stand at 0.12%. The rate for CLO 1.0s rate 0.12%, now standing at 3.13%.
Swiss Auto Importer Preps Debut Lease Securitization
Multilease AG, the finance arm of a Swiss auto importer, is making its first strip to the European securitization market.
Credit Agricole CIB Completes $3B Synthetic Securitization
Crédit Agricole CIB this week completed a $3 billion transaction that transfers credit risk on the banks portfolio of European project finance loans.
Clayton Euro Risk Teams Up with Dutch Mortgage Consultants
As part of its plans to grow its business in the Netherlands, risk and due diligence expert Clayton Euro Risk has announced a strategic alliance with The Dutch Mortgage Consultants.
Barings’ Euro Warehouse CLO Structured at 320-400M
Barings U.K. is serving as manager for a new collateralized loan obligation warehouse funding structure that will have a target notional value of between 320-400 million (US$338-$422.8 million), according to a report from bond rating agency DBRS.
U.S. CLO Issuance Bounces Back in February to $8.1B
U.S. CLO new issue bounced back in February with 15 deals coming to market for a combined total of $8.1 billion, according to Thomson Reuters LPC.
PCS Creates “High Quality” Label for Synthetic Securitization
The Prime Collateralised Securities Initiative is aiming to boost synthetic securitization, which offer an alternative way for European banks to free up capital for more lending.
VW Marketing Its 3rd U.K. Lease ABS in Eight Months
Volkswagens U.K. finance arm is marketing £750 million ($884 million) of bonds backed by auto leases.
Kensington Marketing £343 Prime UK RMBS
Kensington Mortgage Co. (KMC) is pooling approximately £343.7 million (US$428.7) in prime-borrower first-lien and buy-to-let investor mortgages in the second UK mortgage-backed securitization being marketed this month.
LPC: CLO Trading Volume Spiked in 4Q
Trading volume of $56.6 billion in the fourth quarter was the second-highest level for the market since the first quarter of 2014. Loan prices selling near or above par also rose last fall.
CVC Credit Partners Readies 400M European CLO
CVC Credit Partners is marketing what is only the second new European collateralized loan obligation of the year.
Latest UK Buy-to-Let’ RMBS Backed by Pre-Crisis Loans
Capital Home Loans, a Cerberus-owned issuer of older UK buy-to-let mortgages is marketing a £1.64 billion pool of the pre-crisis era loans.
ICM Markets Year’s First New-Issue Euro CLO
Intermediate Capital Managers broke the ice on new CLO deals in Europe this week as it priced a new 400 million portfolio of broadly syndicated loans and high-yield bonds.
Alcentra Markets Third Euro CLO Refi of 2017
Alcentra is the third manager in January to seek out a refinancing for one of its European collateralized loan obligation deals, according to a presale report from Standard & Poors.
Load More
Couldn’t load more articles. Try again.