The latest generation of European CLOs may expose investors to a risk that didn’t exist in most pre-crisis deals: fluctuations in foreign exchange rates.
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National Mortgage Insurance Corp. will insure about $5 billion in residential mortgages in Fannie Mae’s first risk transfer transaction, contingent on regulatory approval.
August 1 -
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Should the European Commission and European Investment Bank follow through on proposals to spur lending to small and medium companies.
July 31 -
These deals are seeing an increase because car sales are picking up, meaning that makers are loaning more to dealers.
July 31 -
Nissan Motor Acceptance Corp. (NMAC) is motoring into the primary market with a $1 billion deal backed by prime auto loans, according to a presale report by Fitch Ratings.
July 31
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Unicredit privately placed a €400 million ($530.8 million) of the €750 million senior tranche in its German SME CLO, Geldilux TS 2013.
July 31 -
The 2013-C15 transaction will offer investors 14 classes of notes. It's backed by 83 commercial mortgage loans secured by 136 properties.
July 31 -
The slower pace of new issuance in consumer ABS, especially from the historically largest ABS issuers, leaves the market without benchmarks to base pricing on, according to a report by Wells Fargo.
July 31 -
Wireless Capital Partners (WCP) plans to issue $150 million of notes backed by lease payments from wireless carriers.
July 30 -
A number of companies operated by AXIS Capital Holdings are seeking re-insurance through the catastrophe bond market.
July 30 -
Richard Hill will head CMBS and commercial real estate research at Morgan Stanley. The move follows his departure from the Royal Bank of Scotland in June.
July 30 -
The bonds are collateralized by first-lien tax liens imposed by the City of New York on real properties due to unpaid property taxes, sewer rents, sewer surcharges, and/or water rents.
July 30
