Nissan Motor Acceptance Corporation upsized its prime auto receivables securitization deal yesterday to $1.36 billion from $1billion, on the back of strong investor demand.
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John Deere Capital Corp. plans to issue a $851.42 million equipment lease- backed securitization, according to prospectus supplement filed with the U.S. Securities and Exchange Commission today.
March 27 -
The Federal Housing Finance Agency’s new initiative to help streamline modifications for eligible borrowers is likely only to have a minimal impact on MBS, according to analysts at JP Morgan.
March 27 -
J.P. Morgan and Deutsche Bank are working on a $285 million CMBS backed by the Hotel del Coronado in San Diego, according to a Morningstar presale report.
March 26 -
The Oklahoma Student Loan Authority plans to issue a $211.82 million securitization of Federal Family Education Program loans, according to an offering memorandum.
March 26 -
Monex Credit Co. (MCC) will issue $75 million of precious metal backed notes.
March 26
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Automotive Rentals (ARI) plans to issue a $453 million ABS backed mostly by fleet lease contracts for light trucks and cars.
March 26 -
National Bank of Canada plans to issue $419 million credit card receivables backed notes from its Canadian credit card trust.
March 26 -
In the week ended March 22, Moody’s Investors Service assigned new provisional or definitive ratings to seven collateralized loan obligations totalling $3.8 billion.
March 25 -
DBRS said in a report today that it declined to rate two RMBS transactions this year because of weaker representations and warranties (R&W) framework proposals in these recent securitizations.
March 25 -
Blame it on the weaker reps & warranties in the $616 million transaction.
March 25 -
Deutsche Bank and Bank of America Merrill Lynch priced the $710 million of CMBS notes backed by the fee interest in Worldwide Plaza, a 47-story office tower located at 825 Eighth Avenue in New York City, according to a person familiar with the deal.
March 25 -
Auto dealership advocates are warning that costs will rise for borrowers if the Consumer Financial Protection Bureau presses banks to curtail auto loan markups determined by dealers.
March 24