J.P. Morgan and Deutsche Bank are working on a $285 million CMBS backed by the Hotel del Coronado in San Diego, according to a Morningstar presale report.
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HSBC and Lloyds TSB are arranging a £380 million ($580 million) CMBS that is backed by UK student housing, according to a Standard & Poor’s presale report.
June 3 -
View the year-to-date manager rankings through May 24 for the different ABS sectors, including real estate, credit cards and autos.
June 2 -
View year-to-date issuance through May 24 for ABS, MBS and CMBS.
June 2 -
The commercial mortgage-backed securities market’s near miraculous turn around and the bonds’ plunging spreads, as well as indications of deteriorating credit quality, suggest buyers should beware.
May 31 -
In late April, the Turkish Catastrophe Insurance Pool issued its first catastrophe bond; conditions would seem are ripe for other emerging markets to follow suit.
May 31
- Europe
The Prime Collateralised Securities initiative, announced a year ago, has been adopted by issuers but it still gaining credibility with regulators.
May 31 -
Llyods TSB proceeded with a portion of its $8.7 billion of legacy non-agency RMBS paper on Thursday afternoon, selling the paper to four different groups.
May 31 -
Draghi looks to ABS market as way to lift Europe’s small businesses —and economy.
May 31 -
EverBank plans to tap the capital markets with its second RMBS deal of the year, a $303.3 million deal called EverBank Mortgage Loan Trust 2013-2.
May 31 -
Anchorage Capital is prepping a $412 million collateralized loan obligation, according to Fitch Ratings.
May 30 -
Redwood Trust yesterday filed a registration statement with the Securities and Exchange Commission for its eighth jumbo mortgage securitization of the year.
May 30 -
Clydesdale Bank announced the latest series of notes to be issued from its U.K. RMBS master trust program, Lanark that will offer both U.S. dollar and sterling tranches.
May 30