A two-year extension to the deadline for banks to conform CLO holdings to the Volcker Rule doesn't apply to all, the Federal Reserve says.
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John Deere is planning another $1 billion securitization of equipment loans and leases, according to a regulatory filing.
July 3 -
Credit Suisse Asset Management is preparing its third collateralized loan obligation of the yearthis time a billion dollar deal.
July 3 -
CLO managers have been lobbying hard to shape rules requiring them to keep skin in the game. Now they are getting support from an unlikely source European central bankers.
July 3 -
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Octagon Credit Investors is preparing its second collateralized loan obligation of the year, according to a presale report published by Fitch Ratings.
July 2
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Trapeza Capital Management, a New York investment firm, filed legal documents earlier this month to force FMB Bancshares in Lakeland, Ga., into involuntary bankruptcy. Trapeza, which manages a collateralized-debt obligation containing FMB's trust-preferred securities, says in its filing that it is owed $13.6 million in unpaid debt and interest.
July 2 -
FirstCity Financial Corp (FCFC) plans to issue commercial mortgage-backed securities backed primarily by non-performing loans, according to a presale report published by Kroll Bond Rating Agency.
July 2 -
Texas Windstorm Insurance Association priced its upsized inaugural $400 million catastrophe bond issued from the Alamo Re shelf program .
July 2 -
Wyndham Worldwide plans to issue $250 million of securities backed by timeshare receivables, the issuer's second deal of the year.
July 2 -
Sankaty Advisors is marketing its second collateralized loan obligation deal of the year, according to a presale report by Fitch Ratings.
July 2 -
Mercedes-Benz priced its first auto loan securitization of the year, according to a person familiar with the deal.
July 1 -
Eleni Skordaki has joined Dechert's finance & reale state practice as partner in the London office.
July 1