RBS Securities is arranging a $375 million collateralized loan obligation for OFS Capital Management, according to a presale report published by Standard & Poor’s.
- Europe
Thanks to the expansion of the Bank of England’s Funding for Lending Scheme by one year, to January 2015, there will likely be few securitization deals placed with investors in the foreseeable future
May 1 - Europe
Given the distress that European structured finance deals are under, they have performed astonishingly well according to one key metric: defaults.
May 1 -
Standard & Poor's Sounds Alarm on Covenant-Lite Loans in CLOs
May 1 -
Westgate Resorts plans to issue $140 million of notes backed by timeshare mortgage financings via its Westgate Funding 2013-1 securitization deal.
May 1 -
The Higher Education Loan Authority of the State of Missouri plans to issue a $970.8 million Federal Family Education Loan Program (FFELP) –backed student loan securitization deal.
May 1
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The Trepp CMBS delinquency rate posted a 47 basis point drop in April, its lowest reading in more than two years.
May 1 -
The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to move ahead with the development of a common securitization platform.
May 1 -
CMBS special servicers had a busy April, liquidating $1.62 billion in loans, according to a Tuesday Trepp report.
May 1 -
Turkish Catastrophe Insurance Pool (TCIP) issued a $400 million catastrophe bond Bosphorus 1 Re Ltd. Series 2013-1.
April 30 -
The Financial Industry Regulatory Authority named Jonathan Sokobin as its chief economist and senior vice president.
April 30 -
Dealer floorplan ABS continues to gain traction as issuance volumes are boosted by rising vehicle sales and the refinancing of maturing transactions.
April 30 -
Standard & Poor’s said that, so far, credit card ABS have surpassed the $8 billion pace set in 2012 but consumer aversion to credit card debt is likely to keep issuance volumes below its forecasted $40 billion total for 2013.
April 30