Citibank priced its $1.75 billion credit card securitization, Citibank Credit Card Issuance Trust, Class 2013-A1, the second credit card deal to price this week.
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Nomura Corporate Funding is issuing a $440.081 million jumbo residential mortgage-backed securitization.
July 9 -
Freddie Mac plans to issue a $1.37 billion multifamily CMBS, its eleventh deal this year.
July 9 -
A large number of commercial mortgage backed securities (CMBS) are maturing this quarter in the region of Europe, the Middle East and Africa, but only a few are expected to actually repay,
July 9
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Wells Fargo plans to issue a $1.4 billion commerical mortgage-backed conduit transaction called Wells Fargo Commercial Mortgage Trust 2013-LC12.
July 9 -
An influx of capital from catastrophe bonds and other non-traditional forms of reinsurance is pushing overall rates down, despite higher losses.
July 9
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The issuance of credit card securitizations might get a boost later this year, according to Standard & Poor’s.
July 9 - Europe
Santander Consumer Bank plans to issue a €600 million securitization backed by auto loan receivables called SC Germany Auto 2013-2 UG.
July 8 -
the analysts at Bank of America Merrill Lynch have revised down their structured-finance issuance forecast in Europe for 2013
July 8
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Moody’s Investors Service said today that it expected European commercial mortgage-backed securities (CMBS) to suffer further interest shortfalls, at least among the non-senior tranches.
July 8 -
The widening in structured finance spreads is not yet a cause for credit concerns, according to a weekly outlook by Standard & Poor’s.
July 8 -
American International Group is on the market with a $125 million of five-year catastrophe bonds providing reinsurance against U.S. storms and earthquakes.
July 5 -
Standard & Poor’s downgraded several CMBS transactions this week and said it expects to lower the ratings on more of these deals.
July 5
