Detailed market coverage of ABS, RMBS, CMBS and CLOs. Formerly CapitalStructure, now part of Fitch Solutions
London, England
Joined March 2017
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The price of issuing a new European CLO has fallen to its lowest level since June, according to LFI data.
However, the upbeat tone has cooled, suggesting that the tightening may have run its course
#CLO #structuredcredit #Chartoftheday
Full story here: tinyurl.com/mvp6du4x
Higher coupons have coaxed back investors who have a mandate to buy Euro AAA #CLO notes in loan format.
Over 40% of deals issued loan notes since the start of July, the point at which AAAs climbed above the E+200bps mark.
Full story($):bit.ly/3DyENpP
#levfin #CLOs
A prime UK RMBS and a debut deal for French auto leasing firm Arval have joined Europe's September #securitisation pipeline, but issuers are going to have to get their skates on if issuance levels are going to come close to 2021’s €75bn public deal total.
#RMBS #LevFinInsights
