The latest generation of European CLOs may expose investors to a risk that didn’t exist in most collateralized loan obligations issued before the financial crisis: fluctuations in foreign exchange rates.
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The hunting, fishing and camping retailer Cabela plans to issue $291.75 million of asset-backed notes from its credit card master note trust, according to Standard & Poor’s.
August 6 -
The use eminent domain to seize underwater mortgages out of RMBS trusts would spell trouble for bondholders; but lcities may turn to other options to help homeowners.
August 6 -
Frederick Buffone joined Fifth Street Management as a managing director and head of capital markets, according to a company press release.
August 6 -
Highbridge Principal Strategies is marketing a $378.5 actively-managed collateralized loan obligation
August 6 -
The government-sponsored enterprises’ risk sharing bonds treatment under Basel III international accounting standards will ultimately affect bank investors’ appetite for them, according to Fitch Ratings.
August 6
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Apollo Credit Management is planning two actively-managed collateralized loan obligations. One for $775 Million dubbed ALM VII(R), and the other for $843.85 million dubbed ALM VII(R)-2, according to Standard and Poor's presale reports.
August 5 -
MassMutual Asset Finance plans to issue a $732.9 million equipment loan and lease ABS.
August 5 -
Sallie Mae is marketing a $747 million of securitization of government guaranteed student loans.
August 5 -
It is Enterprise's six fleet securitization. The notes are backed by vehicle fleet leases orginated the company.
August 5 -
Hyundai Capital America plans to issue a $786.18 million auto lease securitization deal.
August 5 -
View year-to-date issuance through Aug. 30 for ABS, MBS and CMBS.
August 2 -
View the year-to-date manager rankings through Aug. 30 for the different ABS sectors, including real estate, credit cards and autos.
August 2