capital markets

BAML’s Devonshire Square transaction in London comes amid widening pricing in the securitisation space.

The securitisation of debt linked to a logistics property achieved 75bps for its highest-rated notes, following a trend of constricted prices in the market.

BAML and Morgan Stanley launch €338m loan securitisation in a transaction sponsored by Blackstone – the seventh this year in the resurgent European securitisation market.

There will be more securitisation, although the market faces challenges, heard the audience at CREFC Europe’s CMBS seminar.