A two-year extension to the deadline for banks to comply with prohibitions against holding certain collateralized loan obligations does nothing to clear up uncertainty in this market, according to Wells Fargo.
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Deutsche Bank is working on the 355 million ($482.4 million) DECO-2014 Gondola, the first European multi-loan CMBS since 2007.
June 9 -
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View Thomson Reuters data on issuance for the year-to-date through June 6 for ABS, MBS and CMBS.
June 9 -
Apollo Credit Management has priced the largest collateralized loan obligation since the financial crisis, the $1.54 billion ALM XIV.
June 9 -
The NIssan deal is backed by closed end leases backed by new Nissan and Infiniti brand cars; Santander's securitization is backed by subprime auto loans.
June 9
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FMS Wertmanagement last week sold 15 U.S. commercial mortgage loans with a nominal value of $1.2 billion.
June 9 -
Hilton Resorts, a unit of Hilton Worldwide, is preparing $200 million securitization of timeshare loans.
June 6 -
Ally Bank is readying $1.679 billion of bonds backed by prime auto loans.
June 6 -
Downgrades include tranches wrapped by financial Guarantor, MBIA. but not the tranche wrapped by Assured Guaranty
June 6 -
Barclays and Mizuho Securities are listed as the joint bookrunners on the transaction, called GE Equipment Transportation LLC, Series 2014-1.
June 6 -
The super-senior, 10-year notes priced at swaps plus 86 basis points -- just one basis point wider than a comparable trache of Fargo Commercial Mortgage Trust 2014-LC16, which priced on May 23.
June 6 -
The deal, Toyota Auto Receivables 2014-B Owner Trust, will offer $1.2 billion of class of A notes issued over four tranches and one class of B notes totaling $21.3 million, according to a regulatory filing.
June 5