Barcelona, buyouts and bond syndicates

Send us Fan MailWe wouldn’t normally talk about a capital markets conference on the podcast but next week sees one of the biggest — Global ABS, the biggest gathering for the European securitization market — resume its pre-pandemic full, physical form at its regular haunt, Barcelona. It comes just as the securitization markets in Europe are in a rough state.  We discuss what the thousands of delegates at the meet-up will be talking about and where their market is headed — which is also the topic of our newest podcast which is about securitizaton, Another Fine Mezz, available now on globalcapital.com.There are also changes afoot in the leveraged buyout market, as private lenders muscle in on business that has traditionally been run by banks. We examine what this means long term for LBOs. And in the corporate bond market, we investigate the rise of the glocos — global coordinators that is, a title banks in a bond syndicate are taking on, what it means (if anything) and why the term has started to appear.