Zopa, an online lender based in the U.K., is marketing £138 million of bonds backed by unsecured consumer loans, according to Moodys Investors Service.
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Huntington Bancshares, which hasnt made a trip to the securitization market since June of last year, will be offering $2.6 billion in bonds backed by auto and commercial loan receivables during the fourth quarter.
October 26 -
Deutsche Bank is securitizing a $710 million mortgage backed by a portfolio of 155 skilled nursing, assisted and independent living facilities with 18,870 licensed beds, in 20 states.
October 26 -
A recent federal court decision affirming the right of a servicer to collect on private student loans originated on Sallie Maes behalf isnt just good news for investors in student loan-backed securities; its also good news for marketplace lending platforms.
October 26
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A German consumer finance arm of Crédit Agricole is securitizing its third rated pool of unsecured consumer loans in a 1.3 billion (US$1.48 billion) transaction.
October 26
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CVCRE 2016-6 consists of four super-senior class A notes tranches and three subordinate classes. The senior A notes have a preliminary triple-A rating structured finance rating from Morningstar and Fitch Ratings.
October 26 -
USAA is planning to issue another $280 million of catastrophe bonds through its Residential Re platform.
October 25 -
Lending Club is pivoting back to the strategy it was pursuing prior to the abrupt ouster of its chief executive officer in May.
October 25
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Engs Commercial Finance, a specialty lender that finances the acquisition of trucks and trailer by small and medium-sized businesses, is making its second trip to the securitization market.
October 25 -
Investcorp is buying the debt management business of 3i Group for £222 million (US$270.6 million, giving the Bahrain-based private equity firm with one of the larger cross-border CLO management operations.
October 25
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JP Morgan is securitizing a portion of a $557 million loan backed by a portfolio of 103 office buildings and flex properties, which have multiple uses, such as office space, manufacturing and warehouse distribution.
October 24 -
A single class of floating-rate Class A notes totaling $896 million is being issued through the Navient Student Loan Trust in the seven-death conducted by Navient this year.
October 24
