Anil is responsible for the structured finance section of IFR, providing coverage for the real-time IFR Markets news service as well as the IFR Magazine. He re-joined Thomson Reuters IFR in May 2011 after spending seven years on Informa Global Markets’ real-time European ABS product. Anil’s initial stint at Thomson Reuters began in 1997 on a two-year graduate trainee scheme, followed by four and a half years at IFR reporting on medium term notes/commercial paper and structured finance.
Pangaea Funding 1, a Greek €237.5m issue backed by mortgages and pledges over a portfolio of 77 properties 99.4% let to National Bank of Greece, closed on August 22 via Cairn Capital.
Punch Taverns hopes to step closer to restructuring its £2.26bn debt stack as it finally launched a plan last week after about two years of discussions.
An issuer notice published on Wednesday afternoon confirmed that special servicer Capita would not proceed with two bids it has received for the NHP borrower group by way of a share sale while it remains in dispute with Credit Suisse about the swap payments in the Titan Europe 2007-1 (NHP) CMBS that is backed by the care homes run by the group.