Financity Corporation completed the first trade receivables securitization in the Colombian market,for Coltejer S.A., the financing company said today in a press release.
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Cadwalader, Wickersham & Taft LLP announced today that Cheryl Barnes, David Burkholder and Holly Chamberlain have been named partners.
December 19 -
Consumer Portfolio Services closed on its fourth subprime auto loan securitization of the year; CPS Auto Receivables Trust 2012-D issued a total of $166 million of notes in five classes.
December 19 -
Hercules Technology Growth Capital said today it completed a $231 million collateralized loan obligation, the company’s first CLO.
December 19 - Europe
Moody's Investors Service assigned a 'Baa3' rating to the EUR155 million deal issued from the securitization vehicle set up to fund the tariff deficit in the Spanish power industry.
December 19 -
Canada Mortgage and Housing Corporation (CMHC) announced today the details of the legal framework for Canadian covered bonds.
December 18
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J.P. Morgan on Monday priced $900 million of five-year notes backed by credit card receivables via its Chase Issuance Trust, according to a regulatory filing.
December 18 -
Carrington Holding Co. has hired Christopher Whalen to head its investment banking operations, according to the Santa Ana, Calif., mortgage banking and servicing company.
December 18 -
Neighborhood Pay Services (NPS) said it plans to expand its direct deposit platform, Rent Assurance, to distressed single family rentals that will be packaged in securitizations.
December 18 -
Investors, sponsors and sellers of asset backed commercial paper continue to buy split-rated assets, said Moody’s Investors Service in a report on Monday.
December 18 -
Issuance of Government National Mortgage Association-backed MBS jumped 12% in November on a sequential basis, to the highest level since December 2009.
December 17 -
Redwood Trust plans to increase its origination private label RMBS origination activity in 2013.
December 17 -
The Climate Bonds Initiative held roundtable discussions on Dec. 14, to look at how the covered bonds market can best be adapted for renewable energy finance.
December 17