KBRA Releases Research – European Securitisation: Shifting Funding Strategies

LONDON--(BUSINESS WIRE)--KBRA releases research on the issuance dynamics of the European securitisation market. Although total European securitised volumes increased a modest 5% year-over-year (YoY) in 2024, the mix between the volume sold to investors versus the amount retained by issuers shifted dramatically compared to previous years. The amount of new issue paper sold climbed 43% YoY to a post-global financial crisis (GFC) record high of EUR152.1 billion, while the amount retained by issuers fell 47% YoY to a post-GFC record low of EUR73.7 billion. Meanwhile, transaction volumes were up across a number of sectors, including broadly syndicated loan (BSL) collateralised loan obligations (CLO), residential mortgage-backed securities (RMBS), and consumer asset-backed securities (ABS) transactions.

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About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

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