Barclays plans to issue $500 million of credit card securities from its U.S. credit card master trust, Drydock.
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GM Financial, a frequent securitizer of auto loans, is planning its first securitization of lines of credit to auto dealers.
May 7 -
Morningstar and Kroll Bond Ratings hired chief credit officers, according to company press releases.
May 7 -
Winston & Strawn hired aircraft lease ABS vet, Bill Bowers, to chair its transportation structured finance practice, according to a company press release.
May 7 -
CarMax and Foursight priced auto loan deals that offer investors exposure to prime and non-prime auto loan receivables.
May 7 -
Euro denominated securitization backed by Swedish and Dutch mortgages as well as a German auto leasing deal are marketing in Europe.
May 6
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New Jersey's Higher Education Student Assistance Authority is planning to issue $180 million of bonds to fund the purchase of new loans over the next year and a half.
May 6 -
The Wendys Company plans to refinance its $1.3 billion senior secured credit facility with a $2.3 billion securitization and $150 million of variable funding notes, the company said in a press release.
May 6 -
Synchrony Bank, formerly GE Capital Retail Bank, upsized an offering of three-year notes backed by credit card receivables to $885 million from $660 million originally.
May 6 -
Manufacturers that fund customer lending via the securitization market just got a break from the Commodity Futures Trading Commission.
May 5 -
Veteran commercial mortgage backed securities analyst Darrell Wheeler joined Standard & Poors this week as head of research for global structured finance, confirmed a person at the company today.
May 5 -
Peter Danna joins the company as director of business development for asset backed securities ratings.
May 5 -
Concerns about Fannie Mae and Freddie Mac guaranteeing low down payment mortgages are overblown.
May 5




