India - Housing and Urban Development Corp. (Hudco) has finally mandated advisors for its debut securitization, a deal that has so far been nearly a year in the making. Hudco appointed Citibank as lead adviser and ABN Amro JM Morgan Stanley as co-advisor, along with a consortium of domestic securities firms to distribute the securities.

Spain - The much anticipated development of Spain's securitization market away from a predominately mortgage-backed market looks to be gathering pace, with the news that Banco Bilbao Vizcaya Argentina (BBVA) is working on only the second collateralized loan obligation out of Spain and the first CLO to be funded through the public bond market.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.