-
The bank continues to support securitizations of esoteric assets, including rental car leases, consumer loans, triple-net leases, small business loans, and whole-business revenues.
August 11 -
After catching the eye of a senior executive at Deutsche, UMB Financial soon reeled in a team that expanded its trust services into the current comprehensive and tech-assisted operation.
July 21 -
Partners in ABS practice also discuss how CLOs face final bridge to cross as Libor transition approaches the finish line.
June 20 -
Market professionals fear a pending circuit court decision could significantly disrupt term loan B and CLO markets.
June 7 -
CLO spreads should tighten toward year-end, easing arbitrage challenges. Meanwhile investors will be challenged to calibrate the recovery rate, says Pratik Gupta.
June 2 -
One case found that simply defining the investment in the new debt as an allowable transaction was helpful, but new indenture language to facilitate participation provides CLOs with little benefit.
May 31 -
The specialist says the key to selecting less-trafficked ABS sectors is their ability to withstand an expected recession.
May 22 -
Despite dearth of new loans, retail investors' exit from loan funds provides CLOs with new-issue supply.
April 15 -
Despite firm objections from structured finance advocates, some institutional investors welcome the additional protection, citing Wall Street's potential conflicts of interest.
April 10 -
Deal supply remains relatively strong in the sector, but new originations still face a scarcity of new assets to roll into the deals.
March 27
