The International Finance Corp. expects to fund a landmark $65 million deal with Sri Lankas Commercial Bank of Ceylon in early March, said an official at the multilateral.
The firm has hired Jeffrey Stern and Anthony Schouten, broadening its offerings to clients in financial services.
Greenberg Traurig hired Juan Manuel Gonzalez Bernal as a shareholder in its newly established office in Mexico City.
Newtek Business Services completed the securitization and sale of an additional $20.5 million of non-guaranteed portions of U.S. SBA loans and said that the forecast looks good for small business ABS in 2012.
BTG Pactual, through its retail banking unit Banco PanAmericano, signed a non-binding agreement to acquire Brazilian Finance & Real Estate, which specializes in property and real estate securitization.
Securitization pros have had to constantly come up with new deal structures to respond to challenges posed by the ongoing financial crisis. Nowhere is this more obvious than in CMBS.
U.S. structured finance players are exploring new frontiers.
Dodd-Frank Act's call for the creation a self-regulatory organization to assign new ratings was mostly panned by structured-finance industry participants.
The banking craze in Mexico for state and municipal debt may be dying down, and signs point to a revival in market issuance.
In light of the bank's covered bond issue, ASR had a chat with Zeki Onder, executive vice president of Sekerbank.