This week's episode of Another Fine Mezz was a tale of determination, of squeezing every last drop you have left.
Firstly, the clouds look to be finally clearing for UK buy-to-let (BTL) lenders, leading OneSavings Bank subsidiary Charter Court to drive its latest UK BTL RMBS tighter.
Then in European CLOs, managers continued to take advantage of strong sentiment as they crunched spreads tighter and tighter with some now eyeing the 140bp range on the triple-As. That's better than the US market, and about 30bp tighter than the end of 2023.
And finally, Securitization Editor Tom Lemmon returned to host. That was despite his voice nearly deserting him and knowing that his film debut on LinkedIn was likely to see him bullied.