Jan 2016: Santander issued a credit-linked note (CLN) secured by 6000 spanish SME loans worth €2.3bn, in which the first loss was acquired by Dutch pension fund servicer, PGGM, buying CLNs Details here
Jan 2017: Resonance II. BNP securitised a portfolio of 400 corporate loans worth €5billion using a guarantee instead of the more common CDS to transfer credit risk. A gtee enabled amortisation of cos
1998: from this date, several CLOs and (later) synthetic CLO issues have occurred. Details here In synthetic CLOs, the credit risk is removed on the pool by issuing credit-linked notes to absorb loss