Europe

Shorter non-callable periods are gaining traction as a way for CLO managers to avoid rules that will require them to keep “skin in the game” of deals printed after December 2016.

Two peripheral European issuers are ready to dive back in to the market for residential mortgage backed securities.

Terex Corp., a manufacturer of heavy equipment, has closed on its first asset-backed commercial paper conduit.

Volkswagen is prepping a €500M French Auto Loan Securitization, its second in 20 months.

BNY Mellon's corporate trust business has already participated in as many securitizations of marketplace loans in the first quarter of 2015 as it did for all of 2014.

Monroe Capital has priced its first securitization of broadly syndicated corporate loans.

The Federal Reserve clarifies that foreign banks can hold CLOs that don't comply with the Volcker Rule.

Paragon, a U.K. buy-to-let mortgage lender, plans to securitize a £154.5 million ($232 million) pool of mortgage loans, according to a Moody’s Investor Service presale report.

Many European CLO managers would love to do more multi-currency deals, if only they could find buyers for the sterling tranches.

The Blackstone Group and TPG Special Situations Partners-owned U.K. specialty lender Kensington Group is marketing a £360 million ($554 million) securitization of nonconforming U.K. mortgages.