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    Structured Finance

    Our structured finance research page offers in-depth insights into market trends across traditional sectors, including ABS, RMBS, CMBS, CLOs, and other structured credit, together with coverage of complex, non-traditional transactions that draw on multidisciplinary expertise.

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    ABS Frontiers: Equipping Data Centers Through Securitization

    ​The global data center sector is experiencing significant growth, driven by escalating computing needs, particularly for artificial intelligence (AI) deployments. S&P Global Ratings expects the elevated technology investments in data centers and related infrastructure buildout to continue through the remainder of this decade. The magnitude of the forecasted growth, at over $1 trillion according to S&P Global 451 Research, has sparked interest in various types of data center financing, including for capital-intensive equipment.

    View Full Report
    Types of data center equipment

    S&P Global Ratings Publishes First Ever Rating for a Structured Finance Transaction Backed by Bitcoin

    Ledn Issuer Trust 2026-1, the issuer, is a statutory trust organized under the laws of the state of Delaware. The initial loans represent an aggregate outstanding principal balance of $199.1 million, secured by a pledge of 4,078.87 bitcoin with a fair market value of approximately $356.9 million.
    Explore the Full Report
    Digital Infrastructure

    Digital Infrastructure

    Explore our coverage and criteria to understand the credit implications of the data center boom.
    Learn More

    ABS Frontiers: India's Securitization And Private Credit Markets Primed To Expand

    India's securitization issuance and private credit commitments have been fast expanding, due to strong economic fundamentals, regulatory reforms, capital requirements, and investor interest. Since March 2020, securitization issuance jumped nearly a quarter while gross commitments in category II alternative investment funds--largely used for private credit--surged fourfold. While S&P Global Ratings expects these sectors will continue to grow, potential risks warrant strong and clear transaction documentation, local expertise, and due diligence, in our view.

    View Full Report
    Asia-Pacific Structured Finance Insights

    Asia-Pacific Structured Finance Insights

    Explore the latest research, commentaries, and data on structured finance across the Asia-Pacific region. Stay informed with comprehensive analyses covering various asset classes and market trends.
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    S&P Global Ratings believes that the Middle East war, depending on duration and scale, could have long-lasting effects on commodities and financing conditions, global supply chains, and macro-credit conditions more broadly.
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