M&G Investments has provided a five-year whole loan to finance the recent acquisition of a Scottish retail park by an Orion Capital Managers fund.
1 min read · 06 July 2017
Optimum Credit, a non-bank mortgage lending platform owned by investment firm Patron Capital, has completed its first securitisation of UK second-charge mortgages, according to Real Estate Capital’s sister title, Private Debt Investor.
2 min read · 03 July 2017
Deutsche Bank and alternative advisory firm Tyndaris have provided an €80 million refinancing of a five-star Italian resort through a private securitisation.
2 min read · 28 February 2017
8990 Holdings Inc (8990) has mandated China Bank Capital to arrange and underwrite a PHP5 billion-worth ($107 million) securitisation of contracts to sell (CTS). 8990 subsidiaries will sell the CTS in receivables to a special purpose company (SPC) of China Bank Capital, which will then issue three tranches of asset-backed securities (ABS) to investors.
2 min read · 25 April 2016
The Italian government’s EU deal allowing it to provide guarantees to the country’s banks for securitising non-perfoming loans could be helpful to the European CMBS market.
2 min read · 05 February 2016
The European Commission (EC) has launched its Capital Markets Union Action Plan, which could have far-reaching consequences for real estate finance and securitisation. The five-year programme outlines the EC’s plans to build a single market for capital across all 28 EU member states and will see a raft of news rules introduced affecting sectors such as securitisation, infrastructure investment, and covered bonds.
2 min read · 30 September 2015
LaSalle Investment Management has provided around £100m to Brockton Capital for its £137m acquisition of Great Minster North in Victoria, London. The whole loan reflects a loan-to-value of just over 70%. LaSalle is planning to syndicate the facility.
1 min read · 27 August 2015
HSBC, Lloyds Bank and French bank Natixis have participated in a £255m revolving securitisation programme backed by Jerrold Holdings’ portfolio of commercial property lending companies. The programme, named Lakeside Asset Backed Securitisation 1, will run until August 2018 and the funds will be used to back Manchester-based Jerrold’s commercial and residential property lending activities.
1 min read · 19 August 2015
The European Commission (EC) will discuss its plan to relaunch the European securitisation market at a new event in London. The Future of European Securitisation conference on November 11, organised by City & Financial Global, is expecting around 100 delegates from the financial services sector.
2 min read · 30 July 2015
The Bank of England says it supports lower capital requirements for investors in high quality securitisations.
2 min read · 18 June 2015
