At one point last week, Another Fine Mezz host Tom Lemmon worried he might be recording a podcast all alone as his colleagues got their last bits of summer holidays (and paternity leave) completed.
However, CLO reporter Victoria Thiele was on hand to save the day. It was a timely intervention as the European ABS market reopened with 8 deals entering the pipeline last week.
Santander kicked things off, pricing its second of the year from the prime UK RMBS shelf, Holmes Master Issuer 2023-2.
But stealing the limelight was ING's Green Lion, a green-labeled prime Dutch RMBS. A welcome step for ESG-securitizations, but whether there are signs of a meaningful market beginning to grow is unclear.
And finally in CLOs, Onex's head of credit Ronnie Jaber sat down with GlobalCapital to discuss his expectations for the rest of 2023.
