Wednesday, 24 October 2018


UPDATE 2-Netflix pushes long-term debt load to almost US$11bn

23 October 2018

Streaming giant Netflix raised near US$2bn of debt in the high-yield bond market on Tuesday in a deal that will help fund the company for a decade.

Morningstar logo

MOVES-Pollem to head CMBS ratings, analytics at Morningstar

22 October 2018

Real estate financier Kurt Pollem has joined Morningstar Credit Ratings to head its CMBS ratings and analytics efforts, the company said on Monday.

Firstmac taps quiet market

IFR 2256 20 October to 26 October 2018

Firstmac had the Australian securitisation market all to itself last week and made the most of it with Friday’s upsized A$1bn (US$715m) Firstmac Mortgage Funding Trust No 4 Series 3-2018 RMBS issue.

Resimac markets prime RMBS

IFR 2256 20 October to 26 October 2018

Resimac has mandated Citigroup, NAB and Westpac to market a potential dual-currency prime RMBS issue, Resimac Premier 2018-2, comprising Australian and US dollar tranches in 144A format.

Santander and NatWest issue synthetic CRE deals

IFR 2256 20 October to 26 October 2018

Santander and NatWest have each issued synthetic commercial real estate securitisations.

BPCE RMBS debut overcomes fear factor

IFR 2256 20 October to 26 October 2018

BPCE offered a generous new issuer premium for its first public French RMBS last week and 34 investors responded with €1.75bn of orders for the €1bn benchmark being offered.