In the second to last week of the year, the pace of CLO issuance is still going strong, with several deals making the rounds.
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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 -
The Alaska Student Loan Corporation is planning a securitization of Federal Family Education Loan Program Loans, according to a presale published today by Fitch Ratings
March 14 -
Ford Motor Credit priced a $1.032 billion auto lease securitization; the 1.08-year, AAA-rated tranche yields 15 basis points over the eurodollar synthetic forward rate.
March 14
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Moody’s Investors Service today placed 60 tranches of securitizations on review for downgrade in the economically beleaguered countries of Spain, Italy and Ireland.
March 13 -
An A class for a total $142 million priced at 95 basis points over the eurodollar synthetic forward.
March 13 -
JG Wentworth priced $216 million of notes backed by structured settlement payments, according to a person familiar with the transaction.
March 13 -
American Express is jumping back into the structured finance market for the first time this year with an offering of $555.55 million of credit card notes, according to a presale report published today by Fitch Ratings.
March 13 -
Unison priced a $147 million cellular tower securtization today; an 'A'-rated tranche with a weighted average life of 6.98 years yields 3%, according to a person familiar with the transaction.
March 12 -
Wyndham Worldwide priced a $300 million timeshare loan securitization; the senior tranche yields 100 basis points over the interpolated swaps curve, according to a person familiar with the transaction.
March 12
