Exeter’s vice president of capital markets Mike Jones told prospective investors in the deal that the company had recently ...

Delays on office loan repayments led the overall CMBS conduit delinquency rate to its highest level since July 2020 in March, ...

On the FRESPC K-539 trade, Freddie's shelf for larger more traditional multifamily loans, the $250m ‘AS’ notes landed at 56bp over Sofr, in line with guidance and IPTs. The $387m ‘A-2’ notes landed at ...

The deal follows a successful primary block trade by Ageas, the Belgian insurance company, on Monday evening. Bank of America ...

Trent Wilkins and Heiko Weber have been given new jobs at Goldman Sachs, as co-heads of real estate investment banking in EMEA. They replace Johannes Fritze, who is retiring after 15 years at the firm ...

But the PRA has to be a little cautious — prudence is in its name. SRTs, and as a result SRT financing, are growing extremely quickly. The market is currently not big enough to pose a serious systemic ...

UK specialist lender Funding Circle issued a £400m SME loan ABS on Monday. The trade was pre-placed, despite the issuer selling its previous deal on the public market. Arranger BNP Paribas is ...

Germany’s Hensoldt, a defence company, has replaced a leveraged buyout financing with syndicated loans totalling €1.8bn, removing the collateral requirements on its bank debt. The loan consists of ...

BPCE attracts biggest book since February ◆ Long five year appeals to wide range of investors ◆ Pick-up paid over secondaries and OATs ...

Australia’s biggest supermarket chain over six times subscribed ◆ Trade started marketing well wide of fair value ◆ Market still trying to find spread levels after chaos last week ...

Italy hired BBVA, Bank of America, Goldman Sachs, JP Morgan, Natixis and Société Générale for a dual tranche transaction. The deal comprises a new seven year BTP and a new €3bn no-grow 30 year ...

One issuer that faced higher new issue premiums was Romania. It paid an average of 1.25bp for four bonds worth €7.7bn-equivalent in the first three months of 2024, but 12.8bp for five notes worth ...