The third-ever securitization of single family rental properties is backed by newer properties and has a higher debt service coverage than the first two deals.
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Solar finance peer-to-peer lender, Mosaic plans to finance solar panels via a solar loan platform that is, for the first time-ever, packaged with residential operations and maintenance (O&M) offered by Enphase Energy, a California based microinverter company.
July 9 - Europe
Pramerica Investment Management is preparing a 416.7 million European collateralized loan obligation, according to a presale report published by Standard & Poors.
July 9 -
The latest single-asset CMBS to come to market is backed by one of Hilton Hotels Corp.'s newest properties, according to rating agency reports.
July 9 -
Bank of America Merrill Lynchs next large loan transaction is backed the Intercontinental New York Times Square, a 36-story, 607-room full-service luxury hotel in New York City.
July 8 -
Tailoring existing collateralized loan obligations (CLOs) to comply with restrictions imposed by the Volcker Rule will create winners and losers, according to a release put out Tuesday by Fitch Ratings.
July 8
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Par Four's $450 million deal is its first CLO of the year; Cutwater's $400 million deal is the first in company history.
July 8 -
J.P. Morgan plans to issue $269 million of securities backed by two large, floating-rate loans secured by hotel properties, according to rating agency reports.
July 8 -
Redwood Trust is coming back to the market with its second residential mortgage-backed security (RMBS) of 2014, according to a pre-sale report from Kroll Bond Ratings Agency (KBRA).
July 7 -
Cabela’s, one of the world’s largest marketers of outdoor merchandise, plans to issue a new series of $400 million of notes under its Cabela’s Credit Card Master Note Trust, according to a regulatory filing.
July 7 -
Ally Bank is preparing $750 million of bonds backed by lines of credit to auto dealerships.
July 7 -
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View Thomson Reuters data on issuance for the year-to-date through July 3 for ABS, MBS and CMBS.
July 3
