Analysts at Barclays forecast a total of €46 billion ($61 billion) in publicly-placed securitization issuance for 2013, according to their mid-year outlook.
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Brigade Capital Management is issuing its first collateralized loan obligation of the year.
August 29 -
Volkswagen extended its Driver auto loan securitization franchise into the French market via the €491 million ($650M)Driver France FCT Compartiment 2013-1 transaction.
August 29 -
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John Deere priced $849 million of notes backed by equipment installment sale contracts,
August 28 -
Federal regulators on Wednesday proposed aligning new securitization requirements with a recent Consumer Financial Protection Bureau underwriting rule in a move likely to please banks and housing advocates.
August 28
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The French reinsurer, SCOR Global Life plans to issue a mortality insurance –linked securitization called Atlas IX Capital Ltd.
August 28 -
GoldenTree Asset Management hired Brian Marshall as managing director for the firm’s business development group, the firm said.
August 27 -
Wells Fargo reported that auto loans outstanding increased at an 8.5% rate on a year-over-year basis in Q2 2013 but auto loan abs issuance has not kept pace.
August 27 - Europe
Standard & Poor’s reported today that August securitization issuance slowed to $1.4 billion ($1.87 billion).
August 27 -
Insurance companies have focused on higher yielding paper, within benchmark ABS asset classes in their 2013 new issue investments, according to a JP Morgan report.
August 27 -
Despite announcing that a deal would be ready in “weeks,” FeatherStone has yet to select a ratings agency to rate the deal, nor has the group selected a lead underwriter to lead the transaction.
August 26 -
Many banks in the auto lending business have been making investments that they hope will give them a more enduring edge; to the extent that bank are less likely to securitize these loans, this could impact securitization volume.
August 26

