Roark Capital is using a whole business securitization to refinance its purchase of Driven Brands.
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Conns, Inc., an electronics and appliance retailer, said Wednesday it has securitized $1.4 billion of retail installment contract receivables, with closing expected on or about Sept. 10.
September 10 -
Moodys Investors Service just flagged a risk in bonds backed by single-family rentals: there arent enough special servicers. Right now, the field is limited to two players: Midland Loan Services and Situs Holdings.
September 9 -
Platform Funding and Paratus AMC (formerly known as GMAC-RFC) pooled £1.85 billion of U.K. residential mortgage loans originated in 2007 and 2007, according to Standard & Poors
September 9 -
Citigroup and Goldman Sachs have teamed together to offer $958.4 million of commercial mortgage backed securities, according to Fitch Ratings.
September 9
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U.S. CLO issuance fell in August, for the second consecutive month, to $6 billion, according to Thomson Reuters.
September 9 -
Deutsche Bank, Morgan Stanley and Wells Fargo plan to securitize a $1.8 billion loan that is secured by 11 Madison Ave.
September 8 -
Prestige Financial Services, a privately held subprime auto lender, is looking to spark growth by offering credit directly to consumers over the Internet.
September 8 -
UBS and Bank of America Merrill Lynch are marketing $708 million of bonds backed by 42 mortgage loans that are secured on 57 properties.
September 8 -
J.D. Byrider is marketing a $131 million subprime auto loan securitization.
September 6 -
Issuance totals of ABS, MBS and CMBS for the year through Sept. 4, 2015.
September 4 -
Federally guaranteed student loans are supposed to be a bulletproof asset class for securitization, but investors are learning that they can't be sure exactly when they will be repaid.
September 4



