The $455 million in bonds issued by the company just two months ago have sold off sharply, according to Kroll Bond Rating Agency, which is trying to reassure investors.
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The division, created after Sunflower hired lenders away from other banks, will focus on asset-based lending to middle-market companies and investors.
August 15 -
The single-loan securitization is through Morgan Stanley on suburban properties mostly concentrated in the Washington, D.C., area.
August 14 -
The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues.
August 14 -
TPG Capital is including its newly acquired first-lien interest in a Microsoft-leased office campus in Redmond, Wash., in a portfolio of suburban office properties it is financing through a new two-year commercial loan.
August 13 -
Westlake increased the size of all eight classes of notes by at least 37% as investor demand surges for subprime ABS paper
August 13
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Judges say a CashCall loan may have fit the state’s definition of an “unconscionable” interest rate.
August 13 -
It bothered Jeannie Tarkenton, founder of Funding University, that too many kids from lower-income families didn't graduate because they lacked just a few thousand dollars and couldn't get a loan.
August 13 -
The distressed-debt manager now manages 26 U.S. CLOs totaling $15.5 billion, the most of any domestic CLO market manager.
August 13 -
S&P has lowered default expectations for the $300 million of Series 2018-1 transaction, allowing the sponsor to achieve an AAA, up from A on the previous deal; Kroll is not rating the new deal.
August 13 -
The bureau is expected to choose an option that could trigger court challenges after a judge yet again refused to halt the rule’s compliance date.
August 10 -
Proceeds will be used to repay its $1.29 billion whole business securitization completed in 2014; the new transaction will boost leverage to 5.9X from 5.7x.
August 10 -
The $653 million Bellemeade Re 2018-2 is being rated by both Fitch Ratings and Morningstar Credit Ratings, though Fitch sees more risk to the transaction.
August 10
















