Structured Finance

Asset-backed Securities (ABS), Mortgage-backed Securities (MBS) and Commercial Mortgage-backed Securities (CMBS)

We provide innovative structured financing solutions for banks, finance companies and other asset originators. Through our global platform, we distribute and trade securities originated by both RBC Capital Markets and our clients. We are active traders in the secondary market for a wide range of ABS, MBS, and CMBS, and in Canada, we also originate, structure, distribute and trade CMBS.

Conduits

We have extensive experience covering a wide range of traditional and non-traditional assets, as well as delivering innovative solutions and proprietary analytics. Our expertise covers:

We provide the majority of liquidity and program credit enhancement support facilities for the conduits we administer. RBC’s conduits feature robust credit enhancement levels; achieving market-leading trading performance and a superior investor following.

Alternative Financing

We are a leading provider of alternative financing solutions, specializing in innovative structured credit products that expand opportunities for asset managers and institutional investors. As part of our Global Spread Products business and identified as a key Global Markets priority, we have established ourselves as a trusted partner since introducing our CLO Origination platform in 2014.

Our relationship-oriented approach emphasizes strong execution, first-in-class structuring, and franchise-enhancing investor introductions. We work with clients to transform loan portfolios and alternative assets into tradeable securities, providing attractive funding alternatives for companies with current liquidity needs.

Collateralized Loan Obligations (CLOs)

We provide comprehensive CLO origination and structuring services through our global platform. We arrange, structure, and distribute CLO securities backed by diversified portfolios of leveraged loans, with expertise in both Broadly Syndicated Loan (BSL) CLOs and Private Credit/Middle Market CLOs.

Solutions, Financing, & Distribution Strengths:

• CLO warehousing and originations
• Private credit financing through both loan and derivative structures
• Stable value products designed for tax-deferred vehicles including 401(k) plans
• Alternative asset financing spanning GP stakes, LP interests, and NAV loan structuring and distribution