Volkswagen in marketing 743.3 million ($950M) of securities backed by German auto loans.
- Europe
Sankaty Advisors is prepping a 364.025 million ($447 million) European collateralized loan obligation, according to Moodys Investors Service.
December 18 -
Fitch Ratings could put 20 commercial mortgage securitizations under review for a possible downgrade if Congress fails to renew government-sponsored terrorism reinsurance.
December 18 -
Consumer Portfolio Services has closed on its fourth securitization of subprime auto loans of the year.
December 18 -
European banks have begun re-marketing securitizations that they had retained as collateral for central bank funding, and this is expected to accelerate in 2015.
December 17 -
-
J.P. Morgan Securities is arranging a $352.7-million RMBS securitizing 677 prime pre-crisis mortgages originated by Merrill Lynch Credit Corp., according to a pre-sale report by Fitch Ratings.
December 17 -
Lorillards pending acquisition of Reynolds American shrinks the universe of original participating manufactures in the Tobacco Master Settlement Agreement to 2 from 3; but not the payments made to tobacco bonds.
December 17 -
Cantor Fitzgerald hired Gary Wang and Karl Partch as managing directors in whole loan sales and trading.
December 17 -
Reinsurance Group of America (RGA) subsidiary Chesterfield Financial Holdings has closed a $300-million transaction backed by a closed block of life insurance policies, RGA said in a press release.
December 17 -
U.S. collateralized loan obligations have relatively low exposure to oil and gas, according to Standard & Poor's.
December 17 -
Credit Suisse teamed up with JP Morgan and Barclays to sell $1.4 billion of securities backed by 69 commercial mortgage loans that are secured by 94 properties.
December 17 -
Freddie Mac has purchased additional reinsurance for the mortgages that it guarantees via its Agency Credit Insurance Structures (ACIS) program
December 17

