OnDeck Capital in New York reported a $5.1 million loss in the fourth quarter as revenue failed to keep pace with rising expenses.
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Carlyle Global Market Strategies Euro CLO 2016-1 was launched with target par of 400 million (US$457.1 million). Credit Suisse Asset Management is also looking to issue 400 million in notes through Cadogan Square CLO VII B.V.
April 12 -
The U.S. Court of Appeals for the D.C. Circuit will hear oral arguments Tuesday about the Consumer Financial Protection Bureau's structure, in a case that has national implications. Even though a ruling isn't expected until the end of the year, legal experts say there are four major legal issues involved.
April 11 -
The CommonBond Student Loan Trust 2016-A is a $153.2 million, three-tranche notes offering comprised almost entirely of loan refinancings through CommonBond or its partner institution, The Bank of Lake Mills in Watertown , Wis.
April 11 -
Discover Card Master Trust (DCMT) 1 is issuing a pool of $500 Million DiscoverSeries Class A notes (2016-2) and a $250 million Class A notes (2016-3), according to a filing Friday with the Securities and Exchange Commission.
April 11 -
Goldman Sachs Group will pay $5.1 billion to settle a U.S. probe into its handling of mortgage-backed securities involving allegations that loans werent properly vetted before being sold to investors as high-quality bonds.
April 11
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Napier Park Global Capital it preparing to price its first CLO in nearly 18 months through its Regatta platform in a $411 million transaction arranged through Morgan Stanley.
April 8 -
The Revitalization Corp. of the Puerto Rico Electric Power Authority submitted proposed securitization charge-setting mechanisms to the Puerto Rico Energy Commission.
April 8 -
New lender disclosure requirements arent just disrupting the market for private-label mortgage bonds; they could also impact the market for bonds that transfer credit risk of mortgages insured by Fannie Mae and Freddie Mac to the private sector.
April 8 -
Ascentium Capital LLC is issuing a new equipment receivables trust that relevers the overcollaterization and interest assets of a previous securitization it has sufficiently paid down, according to sources.
April 8 -
Issuance volume for asset-backed securities for the year through April 8, 2016.
April 8 -
Underwriting league tables for asset-backed securities for the year through April 8, 2016.
April 8 -
Topped by a $355.6 million, triple-A rated Class A notes tranche, the Hertz Fleet Lease Funding (HFLF) LP Series 2016-1 carries similar structures to the previous issue in the 2015-1 version, with the exception of the inclusion of a split floating-/fixed-rate split of Class A notes.
April 8

