Do not expect much securitization activity out of Europe this year, said participants in a panel at the American Securitization Forum’s 2013 conference.
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Mercedes-Benz Financial Services USA plans to issue $1.26 billion of auto lease-backed notes, according to a Fitch Ratings presale report.
April 15 -
Apollo Global Management said today it priced its first European collateralized loan obligation; the €325 million deal is only the region's third since the financial crisis.
April 12 -
Problems in the office sector has led to a rise in loan delinquencies pooled in commercial mortgage-backed securities -- for the first time in 10 months, Fitch Ratings said.
April 12 -
Analysts at Trepp said in a report today that the conduits pricing this week are at levels wider than March pricings.
April 12 -
Harley-Davidson plans to issue a $650 million securitization backed by motorcycle loans, according to a deal prospectus filed with the US Securities and Exchange Commission.
April 12
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Cantor Commercial Real Estate Lending, German American Capital Corporation and KeyBank priced a $631.76 million of commercial mortgage backed securitization; a triple-A, 2.33-year class of notes yields 0.712%.
April 12 -
JP Morgan Chase plans to launch a $500 million credit card ABS transaction.
April 12 -
Sallie Mae plans to issue its first residual student loan ABS deal in over a decade, according to Fitch Ratings.
April 12 -
An April 2 ruling on RMBS loans in breach of representations and warranties given by a bank is credit positive for investors of both residential and commercial mortgage backed securities, according to Moody’s Investors Service.
April 11 -
A judge has ruled that Bank of America does not have to defend itself against a lawsuit filed by the Federal Deposit Insurance Corp. on behalf of a failed bank.
April 11 -
consolidation among managers of collateralized loan obligations has slowed
April 11 -
Auto ABS remains adequately protected from a potential rise in losses, according to Deutsche Bank.
April 11