The European pipeline continued to look relatively busy last week, though there was a notable pause from the gigantic billion-dollar deals seen over the past weeks. This, however, has made some room for smaller scaled issuers to head into the pipeline before the anticipated August slowdown.
According to the industry reports, the market last week saw at least 14 new deals added to the agenda. Joining the list is the GBP180 million (US$289.6 million) Harbour Funding securitization of housing association loans. Investors are being offered a single tranche rated double-A minus.