The widening in structured finance spreads is not yet a cause for credit concerns, according to a weekly outlook by Standard & Poor’s.
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Leaf Capital Funding will issue a $324.98 million equipement lased asset backed securitization called Leaf Receivables Funding 9, according to a Moody’s Investors Service presale report.
September 16 -
A $110.6-million securitization of timeshare loans is heading to the market, according to a pre-sale report from Standard & Poor’s.
September 16 -
Deutsche Bank, Nataxis and Ladder Capital are preparing a $1.1 billion CMBS conduit, according to a presale report by Kroll Ratings.
September 16 -
American Express plans to return to market this year with a second issue from its American Express Credit Account Master Trust.
September 16 -
Despite the potential for volatility ahead of the Federal Reserve’s September meeting on interest rates, CMBS spreads were stable last week.
September 16
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Fitch Ratings said that the CMBS delinquency rate is set to undergo yet another dip once an impending modification of the $678 million Skyline Portfolio loan is finalized.
September 16 -
Presale reports are out on a $425 million sequential-pay commercial mortgage-backed securities deal backed by beneficial interests in a mortgage securing four Florida hotels.
September 16 -
Sallie Mae priced its $995.8 million SLM Student Loan Trust 2013-5.
September 13 -
General Electric is working on a $446.85 million securitization of small equipment loans, its first of 2013.
September 13 -
Private student loan securitizations issued between 2010 and 2013 contain loans of stronger credit quality and are likely to perform better than 2006 to 2009 securitizations, according to Moody’s Investors Service.
September 13 -
Bluestep Finans AB and Blustep Bostadslan AB are working on a Swedish Krona denominated non-conforming RMBS issuance called Bluestep Mortgage Securities No.2.
September 13 -
Concerns about risk retention rules could lead CLO managers to structure new deals with shorter non-call periods, according to analysts at Barclays.
September 13