Citigroup is arranging two collateralized loan obligations totaling nearly $1 billion; one for Columbia Management and one for the Carlyle Group.
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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 -
Fitch Ratings said that student loan securitizations backed by rehabilitated Federal Family Education Loan Program (FFELP) loans tend to be riskier than non-rehab FFLEP deals.
April 30 -
Discover Bank plans to issue $550 million of credit card ABS from its Discover Card Execution Note Trust.
April 29
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Despite the regulation-induced slowdown in Brazil, Fitch Ratings expects structured finance in Latin America to remain steady in both issuance and the credit environment.
April 29 -
Sallie Mae increased the size of its second private student loan-backed securitization but priced the deal at wider spreads on Friday.
April 29 -
Stephen Mathews took the role of managing director of GC Securities, the firm said today in a press release. He is based in New York.
April 29 -
Corporate borrowers continue to take advantage of strong demand for loans to re-price existing debt, and this is putting a squeeze on some of the biggest buyers of loans—collateralized loan obligations.
April 26 -
The New Mexico Educational Assistance Foundation plans to issue a $224 million Federal Family Education Loan Program–backed student loan securitization deal.
April 26 -
Air Canada priced its first enhanced equipment trust certificates, the $714.5 million Air Canada Pass Through Certificates, Series 2013-1, on Thursday.
April 26 -
Fitch Ratings does not expect to either upgrade or downgrade any European collateralized loan obligations for the remainder of 2013.
April 26