Sallie Mae priced the $1.246 billion SLM Student Loan Trust 2013-1, its second government guaranteed student loan securitization of the year, on Wednesday.
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ALBIS Mobil Lease GmbH, UTA Leasing GmbH, and Kögel Leasing GmbH plan to issue up to €147.23 million backed by leases made to the German small and midsize enterprise (SME) sector .
June 12 -
Pricing on Ohio’s FirstEnergy utility securitization are expected to price on the tight end of guidance on the back of the historically low rates for benchmark U.S. Treasury and U.S. Agency debt.
June 12 -
Freddie Mac is marketing multifamily mortgage-backed securitizations for a combined total of approximately $3.5 billion.
June 12 -
Sallie Mae closed a new, $6.8 billion credit facility that will allow it to exit the Straight A funding program ahead of schedule.
June 12 -
Louisiana Tobacco Settlement Financing Corp. trustees gave swift approval Tuesday to the controversial refinancing of up to $720 million of outstanding tobacco settlement revenue bonds.
June 12
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Bank of America is preparing to jump into the consumer ABS issuance frenzy with a new deal from its rarely used Bank of America Auto Trust.
June 11 -
Iconix Brand Group is planning to issue a securitization of flows from brand licensing for $250 million, the company said in a release.
June 11 -
The Structured Finance Industry Group has hired Falcon Capital Advisors as well as a consultancy run by Kristi Leo to help it attract new members and pursue its legislative agenda.
June 11 -
Fitch, in a press release today, stated that while the recovering U.S. housing market and macro stability are bolstering remnant U.S. RMBS performance lately, persistent challenges remain for the sector to overcome. Fitch said that because pre-crisis RMBS transactions are still facing challenges, rating improvement will remain limited in the near term and it only expects future upgrades to come to RMBS classes with relatively short remaining lives within sequential payment priority transactions.
June 11 -
The Massachusetts Education Financing Authority (MEFA, or the authority) is offering $304.72 million of its Education Loan Revenue Issue K bonds. The fixed-rate Series 2013 is the first issuance under the Issue K indenture, a master trust.
June 11 -
PFS Financing Corp plans to issue a $282 million securitization backed by insurance premium finance loans, which are usually installment loans that have less-than-one-year duration.
June 11 -
California Republic Bank staged a return to the securitization market with its $238 million California Republic Auto Receivables Trust 2013-1.
June 10