The Trepp CMBS delinquency rate posted a 47 basis point drop in April, its lowest reading in more than two years.
-
the analysts at Bank of America Merrill Lynch have revised down their structured-finance issuance forecast in Europe for 2013
July 8
-
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
-
Unicredit plans to issue a securitization backed by short-term euro loan receivables made to large corporates, small and medium sized enterprises (SME); and self-employed individuals based in Germany.
July 5 -
Royal Bank of Canada and Canadian Imperial Bank of Commerce launched the first programs under the new covered bond framework in Canada.
July 5 -
Ares Management is prepping a $500 million collateralized loan obligation, according to a presale report by Moody’s Investors Service.
July 5 -
-
Against the backdrop of a much calmer market this week, Citi priced $662.9 million of Louisiana Tobacco Settlement Financing Corp. asset-backed refunding bonds.
July 3 -
Final bank capital rules are likely positive for non-agency remics and mildly positive for some other assets, such as bonds backed by student loans, according to Barclays.
July 3 -
GoldenTree Asset Management appears to have added a €59 million subordinated class to a European collateralized loan obligation it is marketing.
July 3
