CMBS sponsors are relying less on ratings from the big three ratings agencies in an effort to reduce costs at the privately issued triple-B minus level of the capital stack.
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California County Tobacco Securitization Agency plans to sell $95.5 million in bonds backed by revenue from tobacco companies that would refinance a portion of tobacco bonds it issued in 2002.
October 15 -
A $120.2 million securitization of timeshare loans linked to the Hilton name is expected to close on Oct. 30, according to a pre-sale report from Standard & Poor's.
October 14 -
Exeter Finance Corp. priced a $500 million securitization of subprime auto loan receivables last week at a blended average coupon of 3.13%
October 14 -
B2R Finance said today that it has hired Evan Lorch as chief financial officer.
October 14
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Volkswagens latest U.S. auto loan securitization features more longer-term loans and weaker borrowers, according to Fitch Ratings.
October 14
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General Electric Capital is marketing $500 million of securities backed by equipment dealer floorplan financing.
October 14 -
View asset backed securities that priced in the t.wo wees ended Oct. 10, 2014
October 11 -
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Ally Banks $1.1 billion prime auto lease securitization puts the year to date total for lease issuance at $2.4 billion.
October 10 -
SBA Communications Corp. this week priced an offering of $1.54 billion securitization of wireless tower lease payments.
October 10 -
A busy week of consumer ABS issuance saw over $6.7 billion of securities backed by auto and credit card assets readily absorbed by investors.
October 10 -
PFS Financing Corp began marketing its second securitization backed by insurance premium finance loans of the year.
October 10