Experience isn the only thing that sets managers of collateralized loan obligations apart, according to Scott D’Orsi, a partner with Feingold O’Keeffe Capital; it's also a matter of investment style
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Wells Fargo plans to issue a $310 million single borrower CMBS transactions that won't include a third party guarantor to cover "bad-boy" acts.
March 18 -
German Multifamily deals right now offer better value than U.K. prime RMBS and U.S. CMBS, even with more supply on the way.
March 18 -
A 2007 commercial mortgage securitization has earned the dubious distinction of becoming the first deals to stop paying interest to the senior most class of bondholders, according to a special report published by Trepp late Friday.
March 18 -
Standard & Poor’s lowered ratings on 145 classes from 72 U.S. RMBS transactions that are insured by MBIA Insurance Corp. following the bond insurer’s Feb. 28, downgrade.
March 18 -
American Express priced the senior tranche of its latest credit card notes at Libor plus 28 basis points, according to a regulatory filing.
March 18
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A March 13 settlement between 17 U.S. states, the District of Columbia, and Puerto Rico and several tobacco manufacturers should have a positive impact on cash flows for certain bonds backed by such payments, Fitch Rating said.
March 15 -
A deposit-insurance rule change that takes effect April 1 has been spurring issuance of collateralized loan obligations, according to Barclays.
March 15 -
Banks are expected to start buying riskier portions of collateralized loan obligations in response to a deposit-insurance rule change that takes effect next month.
March 15 -
Moody’s Investors Service slammed its rival ratings agencies for their recent assessment of a CMBS deal backed by a single, large loan, the mortgage on the Altamonte Mall in Altamonte Springs, Fla.
March 15 -
General Electric Capital Corp. priced $766 million of notes backed by transportation equipment loans and leases; the eight-year triple-A tranche pays interest of 0.90% a year.
March 15 -
A group of investment banks, issuers, investors, law firms and rating agencies has formed the Structured Finance Industry Group (SFIG).
March 14 -
Pinebridge Investments said today it closed its first collateralized loan obligation of 2013 after upsizing the deal to $598 million.
March 14
