European Securitization
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Santander tightens guidance as order book builds
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Loan extended for three years with a 20bp margin increase
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Santander also sets IPTs as deal activity picks up after Mercedes' pre-Easter benchmark
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ABS primary slows down, but George Smith and Tom Hall discuss one issuer bucking the trend and whether secondary selling has been orderly
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Power purchase agreements and related revenue will back novel warehouse deal
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Primary still alive but Mercedes trade makes clear that higher spreads are required while some avoid public markets
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BWICs spike and spreads widen but market remains constructive
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This is the widest print on the public market for the Silver Arrow shelf
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Regulator warns of ‘imprudent approach’ to capitalising some financings
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Decision was made before the equity market volatility started
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Easter bank holidays are shortening execution windows
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Unusual trade from US firm comes amid reasons to be positive on Spanish RPL