Structured finance

Deals analysis

  • Portugal's newest ABS structure analysed

    19 July 2012

    The first Portuguese ABS deal in five years prioritised reserve fund replenishment, removed counterparty risk, and used an exposure portfolio mechanism to cover set-off risk

News analysis

  • Will the KID make Prips too risky for retail?

    24 July 2012

    Following release of the European Commission’s (EC) finalised draft rules on packaged retail investment products (Prips) on July 3, the countdown to implementation has begun. But market participants are debating whether fundamental issues stemming from the key investor document (KID) will result in Prips no longer being sold to retail investors

  • Project bond template needed for 2020 success

    18 July 2012

    The success of the European Investment Bank’s (EIB) recently approved project bond programme will depend on the efficacy of the first deal template, lawyers have said