Buyers of broadly syndicated corporate loans currently have an incentive to drag their feet closing trades; they will soon pay a hefty price if they dont do their part. The reform should help lenders get assets off their books faster.
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Mercedes-Benz is marketing its first dealer floor plan securitization in a year, with a new $750 million bond issuance split between a pair of two-year and three-year maturity tranches.
May 16 -
Freddie Mac has priced its sixth guaranteed multifamily small balance loan securitization of 2016.
May 16 -
LEAF Capital Funding is marketing $310 million of securities backed by equipment leases, according to DBRS
May 13 -
Sallie Mae Bank is preparing its first private student loan securitization of the year, according to rating agency reports.
May 13 -
Issuance volume of asset-backed securities for the year through May 13, 2016.
May 13
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Underwriting league tables for asset-backed securities for the year through May 13, 2016.
May 13 -
Nissan and Hyundai each launched approximately $1 billion of bonds backed by auto leases Thursday, according to rating agency reports.
May 13 -
A subsidiary of Goldman Sachs purchased all four pools in Fannie Mae's latest nonperforming loan sale.
May 12 -
The government-sponsored enterprises' risk-sharing deals are being hailed as an innovative approach for Fannie Mae and Freddie Mac to offload credit exposure to private markets. But their growing popularity is raising questions about how these transactions should be reported in financial statements.
May 12 -
Theres a real downside to extremely low or even negative interest rates. Existing CLOs may not earn enough from their euro-denominated assets to pay the interest on the notes they issue.
May 12 -
Goldman Sachs and Citigroup each launched two new CMBS deals on Wednesday, with Fitch Ratings assigning provisional ratings on both pools that focus heavily on retail properties. Goldman's pool is highlighted by a multifamily investor mortgage secured by a portfolio of San Francisco apartments appraised at $923 million.
May 11 -
Deloitte & Touche recently named two co-leads for the CLO services unit of its securitization practice, Hillel Caplan and Lynda Lazzari.
May 11



