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.
UK-based Punch Taverns won approval to restructure its debt, gaining agreement from shareholders and bondholders alike after years of wrangling.
Auto ABS is at the forefront of primary market activity again, with one new deal announced and initial price thoughts released on another.
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.