S&p Global Ratings

Sustainable bond issuance topped the $1 trillion mark last year, up from $600 million in 2020. In this episode of Beyond the Buzz, Corinne Bendersky is joined by S&P analysts Lori Shapiro and Ana Maria Romero Ramirez delve into this fast-growing market. They discuss questions around the various sustainable finance instruments that have emerged in the market, including how green, social, and sustainable they really are. Do they really do what’s said on the tin? And how will this exciting market grow this year and beyond? Related Articles: Global Sustainable Bond Issuance To Surpass $1.5 Trillion In 2022 ; Navigating The Strengths, Challenges, And Best Practices In Sustainable Finance Frameworks And Transaction Documentation

Our host, Jim Manzi, is joined by U.S. CLO sector lead Stephen Anderberg, Director Daniel Hu, and research analyst Evan Gunter to do a deep dive into the history of U.S. CLO defaults. Of the 16,000+ CLO tranches that we have rated since the mid-late 1990s, there have been 50 that defaulted. We go over some notable observations and trends (e.g., rating categories, timings, etc.) in our historical data. We also discuss how we look at current tranches that are candidates for a potential default, and what a typical "path to default" might look like. Related Article - CLO Spotlight: U.S. CLO Defaults As Of March 17, 2022

We're joined by Doug Paterson to discuss buy now, pay later (BNPL) lending, a form of consumer credit where goods and services are paid for in installments over a period typically less than 12 months, instead of being paid for in full at the time of purchase. We discuss how BNPL lending has evolved from traditional consumer financing; the market's rapid 60%-70% annual growth and the stricter regulation coming; and the regulatory and operational risks, among others, that we would consider if we were to rate a BNPL-backed securitization in Europe. Related Article- Buy Now, Pay Later Securitizations: What Are The Risks?

Host Tom Schopflocher and S&P Global Ratings analyst Amy Martin discuss the U.S. auto loan ABS market, which roared back to life in 2021 with issuance at the highest level since 2005. Learn about vintage-specific performance trends, the relationship between unemployment and losses, loan-term trends, and more. Related Articles: U.S. Auto Loan ABS Tracker: Full Year And December 2021 Performance , Global Structured Finance 2022 Outlook

In this episode of The Upgrade podcast, Ramki Muthukrishan and Daniel Hu discuss the rapid growth of middle-market lending, as well as key highlights from our recently published article titled “A Credit-Cycle Turn Could Expose Vulnerabilities In The Middle Market ” Our aim is to provide market participants with further advanced analytical insight into Corporate Credits, CLOs and Leveraged Finance deals, with S&P Global Ratings regular podcast, based on key features we’re seeing in corporate credits and sectors that CLOs are exposed to. For more Leveraged Finance and CLOs Insights visit Leveraged Finance & CLOs Essentials

Series 4, Episode 1: For our first episode of the year, Hina & Sandeep are joined by Paul Watters, Head of Credit Research for EMEA, to discuss our house views on issues that could impact Corporates in 2022. Listen in and hear about inflationary pressures, evolving geopolitical landscape and default expectations for 2022. Our aim is to provide market participants with further advanced analytical insight into Corporate Credits, CLOs and Leveraged Finance deals, with S&P Global Ratings regular podcast, based on key features we’re seeing in corporate credits and sectors that CLOs are exposed to. For more Leveraged Finance and CLOs Insights visit Leveraged Finance & CLOs Essentials

Expanding on our covered bond market coverage, Casper Andersen joins us to provide some insights into the growing Norwegian And Finnish markets, which are the 10th- and 14-largest in Europe, respectively. We give an overview of each market's adopted legal frameworks, key characteristics, and collateral securing their covered pools. We also give our ratings outlooks for each market. Related Article- Norwegian And Finnish Covered Bond Market Insights 2022