EU Structured Finance

DBRS Morningstar invites you to attend a webinar focusing on its 2022 Outlook for European Structured Finance and Covered Bonds on 27 January 2022 at 3:00 p.m. GMT, 4:00 p.m. CET, or 10:00 a.m. EST. The webinar will be hosted by Mudasar Chaudhry, Head of Structured Finance Research. Chaudhry will be joined by Christian Aufsatz, Head of European Structured Finance; Paolo Conti, Head of European ABS; Ketan Thaker, Head of European RMBS and Covered Bonds; Mirco Iacobucci, Head of European CMBS; Alessio Pignataro, Head of NPL securitisation; and Carlos Silva, Head of European Structured Credit.

The discussion will focus on DBRS Morningstar’s expectations for the year ahead in the European securitisation and covered bond markets.

The discussion will last approximately 30 to 45 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.

WEBINAR DETAILS
Date: 27 January 2022
Time: 3:00 p.m. GMT / 4:00 p.m. CET / 10:00 a.m. EST

DBRS Morningstar invites you to attend a webinar focusing on the risks to European structured credit transactions two years into the Coronavirus Disease (COVID-19) pandemic on 24 February 2022 at 2:00 p.m. GMT, 3:00 p.m. CET, or 9:00 a.m. EST. The webinar will be hosted by Mudasar Chaudhry, Head of European Structured Finance Research. Chaudhry will be joined by Carlos Silva, Head of European Structured Credit and Alfonso Candelas, Head of European Structured Finance Surveillance.

The discussion will focus on the uneven impact of pandemic on certain sectors over the past two years. In our May 2020 commentary, we highlighted how the pandemic would likely affect some economic sectors unevenly and provided a list of the sectors we identified as having the highest perceived sensitivity to the pandemic. We have now updated this commentary and reduced the number of industry sectors as the pandemic-induced volatility continues to abate. Our updated commentary, “Two Years into COVID-19: Risks to European Structured Credit Transactions” is available at https://www.dbrsmorningstar.com/research/392167.

The discussion will last approximately 30 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.

DBRS Morningstar invites you to attend a webinar focusing on European Structured Finance – First Quarter Update on 28 April 2022 at 3:00 p.m. BST, 4:00 p.m. CEST, or 10:00 a.m. EDT. The webinar will be hosted by Mudasar Chaudhry, Head of European Structured Finance Research.
The discussion will focus on European securitisation activity over the first quarter of 2022, market performance, and expectations for the quarter ahead. The discussion will also focus on the impact of the Russian invasion of Ukraine and rising inflation on the European securitisation markets.

The discussion will focus on the impact of pandemic on the retail and office sector. Analysts will provide credit views on some of the recent transactions and will discuss how ecommerce and working from home have had an impact on the aforementioned sectors. As workers are encouraged back to the office, some of the trends observed over the past few years both in the retail and office sectors will be irreversible. Lenders as well as tenants will have to adapt and be flexible to current market conditions, which could have a knock on impact on the CMBS securitisation transactions.

June 17, 2022
DBRS Morningstar invites you to attend a webinar on its Global ABS 2022 Recap. The webinar will be hosted by Mudasar Chaudhry, Head of European Structured Finance Research.

For those who were unable to attend the prime securitisation industry event of the year, or perhaps spent the majority of it in meetings, DBRS Morningstar analysts provide their key takeaways from the event.

On the webinar, Chaudhry will be joined by senior analysts from our European Structured Finance and Covered Bond teams.

The discussion will last approximately 45 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.

DBRS Morningstar invites you to attend a webinar next week entitled, “European Securitisation and ESG-Related Issuance: Second Party Opinions versus Credit Relevance”. The webinar will be hosted by Mudasar Chaudhry, Head of European Structured Finance Research. Chaudhry will be joined by Christian Aufsatz, Head of European Structured Finance.

In this webinar, we will provide thoughts on Environmental, Social, & Governance (ESG)-related European securitisation transaction issuance with and without second party opinions (SPOs). ESG-related issuance is on the rise and we will discuss current trends and factors that could influence the green or social securitisation bond issuances in Europe. We will also delve into details of DBRS Morningstar-rated transactions where ESG factors have been relevant or significant in the credit analysis but did not carry any SPOs.

The discussion will last approximately 30 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.

DBRS Morningstar invites you to attend a webinar on salary assignment loans and impact of cost-of-living crises on 25 August at 2:00 p.m. BST/3:00 p.m. CEST/9:00 a.m. EDT. The webinar will be hosted by Mudasar Chaudhry, Head of European Structured Finance Research. Chaudhry will be joined by Paolo Conti, Head of European ABS.

In this webinar, we will provide thoughts on the impact of increasing interest rates, rising inflation, and diminishing disposable income, among several other factors that could affect the Italian securitisation transactions backed by Salary Assignment Loan portfolios.

The discussion will last approximately 30 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.

DBRS Morningstar invites you to attend a webinar on the 27th September 2022 at 3:30 p.m. BST/4:30 p.m. CEST/10:30 a.m. EDT. The webinar will be hosted by Mudasar Chaudhry, Head of European Structured Finance Research. Chaudhry will be joined by Miklos Halasz, Assistance Vice President, European ABS and Guglielmo Panizza, Vice President, European ABS.

In this webinar, the team will provide thoughts on how the transition towards alternatively fuelled vehicles (AFVs) affects auto asset-backed security transactions across Europe and on how DBRS Morningstar may consider the availability and transparency of environmental information for credit ratings. The panel will further discuss how the migration to AFVs and changing customer needs are shaping financial products and the key risks each of these factors typically presents.

The discussion will last approximately 30 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.

DBRS Morningstar invites you to attend a webinar tomorrow at 2:30 p.m. BST/3:30 p.m. CEST/9:30 a.m.
EDT. The webinar will be hosted by Mudasar Chaudhry, Head of European Structured Finance Research.
Chaudhry will be joined by Ketan Thaker, Head of European RMBS and Covered Bonds, and Paulo Conti,
Head of European ABS.
In this webinar, we will offer our observations on how the current bout of high inflation, driven by high
energy prices and rising interest rates, are affecting European consumers. We will also discuss how rising
interest rates may have a varied impact on different European jurisdictions as well as how cost-of-living
crises may seep into European securitisation portfolios and affect other asset classes.

The discussion will last approximately 30 minutes and will be followed by an interactive question-andanswer session. DBRS Morningstar welcomes all who wish to participate.

DBRS Morningstar invites you to attend a webinar on the 24th of November at 3:00 p.m. BST/4:00 p.m. CEST/10:00 a.m. EDT. The webinar will be hosted by Mudasar Chaudhry, Head of European Structured Finance Research. Mudasar will be joined by Sinem Erol-Aziz, from the European NPL team.

In this webinar, we will offer our observations on NPL volumes and bond issuance across Europe, latest on Italian GACS and Greek HAPS, performance trends observed during COVID-19. We will also discuss market outlook in light of the current bout of high inflation, driven by high energy prices and rising interest rates.

The discussion will last approximately 30 minutes and will be followed by an interactive question-and-answer session. DBRS Morningstar welcomes all who wish to participate.