Overseas Private Investment Corporation (OPIC) and the Multilateral Investment Guarantee Agency (MIGA) have introduced new products that expand the scope of PRI policies, according to a report by Fitch Ratings.

February 26
2 Min Read
  • The deal, Moorgate Funding 2014-1, will offer £510 million ($858 million) of notes backed by first-lien, U.K. non-conforming residential mortgages owned by Kilimanjaro AM.

    April 28
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  • Allstate Insurance is preparing an as-yet unsized catastrophe bond; The deal is designed to transfer the risk of outsized insurance claims for losses from named storms in 30 states and earthquakes, including resulting fires, in California, New York, and Washington.

    April 25
  • Senate Banking Committee leaders want to win as much support as possible for their housing finance reform legislation before a panel vote on Tuesday, but it's possible that a failure to win over certain members could ultimately assist their cause.

    April 25
  • After the financial crisis, Turkish banks found that they could continue to securitize diversified payment rights without the by-then worthless insurance wraps. Some banks have found that they can also do deals without arrangers from abroad.

    April 25
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  • ABS

    The Euro Secured Notes Issuer, a securitization vehicle set up by 5 French banks to fund loans to smaller companies, made its debut issuance this month, selling €2.6 billion of bonds.

    April 25
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