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Another Fine Mezz

No ECB, no problem

22 Jan 2024

Description

Another week, another episode of Another Fine Mezz with a man down as Tom Lemmon faced yet more roadblocks on his path to being a complete US employee. Back in London, Victoria Thiele stood in as host to proudly proclaim herself as a dark horse for securitization podcast host of the year. As the newest jet-setter in the podcasting trio, George Smith reported back from a hectic week where he moderated a panel at IMN's CEE Securitization Summit in Vienna. Meanwhile, there was a glorious resumption of issuance in the euro ABS market with issuers growing their books and tightening spreads seemingly at will. Slightly less glamorous but no less important, Victoria discussed how the broadly syndicated CLO market is set to launch its counter offensive against the private credit players that have taken so much of its lunch (and airtime). Finally, there was an urgent appeal for specialist UK mortgage lender Dilosk to add an extra shelf for its RMBS programs. 

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