Following its first-ever Euro-dominated deal backed by Australian mortgage-backed securities, SG Cowen Securities Corp. is launching a swap currency securitization program with several deals in the pipeline for 2000, despite its recent exit from the residential MBS business last month.

As recent as last week, the company was launching a securitization backed by Korean corporate loans and leases into the U.S. private placement market. Moreover, it just closed a commercial mortgage-backed securities deal in Hong Kong, for China Estates.

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.