Cash balances for U.S. 2.0 collateralized loan obligations and for European CLOs have climbed in 2013, according to Thomson Reuters.
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Citigroup plans to issue a non-agency residential mortgage backed security, a person with the bank confirmed.
October 31 -
Bank of America Merrill Lynch plans to issue a $345 million hotel CMBS that is backed by two commercial mortgage interest only loans secured by the Walt Disney World Swan & Dolphin Resort.
October 31 -
The Loan Syndications and Trading Association is asking regulator to recognize a category of higher quality leveraged loans that would not be subject to proposed risk retention rules.
October 31 -
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The Education Finance Council (EFC) said today that non-profit student loan organization should be exempt from the 5 percent credit risk retentions rules.
October 30
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In the third quarter, seven of the 15 top-performing “legacy” CLOs rated by Moody's Investor Service were managed by Credit Suisse Asset Management.
October 30 -
An increase in demand for private student loans will have a positive impact on private student loans asset backed securities, according to Deutsche Bank.
October 30 -
Governor Andrew M. Cuomo yesterday announced appointees to the Long Island Power Authority utility debt securitization board.
October 30 -
CarMax Auto Owner Trust 2013-4 was upsized to $1 billion from $800 million and priced within guidance.
October 30 -
Moody’s Investors Service said that it has raised its credit enhancement requirement for CMBS ratings as deals are increasingly structured with exposure to credit risks.
October 29 -
If the “irrational restriction of credit” in today’s market continues, the effect on the economy could be greater than the losses seen during the crisis, says Lewis Ranieri.
October 29
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RBS Securities and Wells Fargo plan to issue a $796.9 million CMBS conduit deal dubbed WFRBS 2013-C17.
October 29
