Citigroup is lining up the latest in what is becoming a long list of CMBS conduits with highly levered loans with very little amortization, creating the potential for big problems down the line.
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Ally Bank upsized its recent securitization of receivables collected from lines of credit it makes to dealerships to $675 million. The deal priced on Thursday.
May 29 - Europe
Volkswagen is prepping a 500M French Auto Loan Securitization, its second in 20 months.
May 29 - Europe
BNY Mellon's corporate trust business has already participated in as many securitizations of marketplace loans in the first quarter of 2015 as it did for all of 2014.
May 28 -
Hyundai plans to issue a second round of securities backed by auto lease receivables this year.
May 28 -
Huntington National Bank and Gatewy One Lending & Finance are marketing auto loan securitization deals that offer investors bonds backed by prime and near prime loans.
May 28
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LStar Capital Finance, the credit affiliate of Lone Star Funds, a global private equity firm, is marketing a $281 million CMBS deal backed by a pool of seasoned and newly originated loans, according to Fitch Ratings.
May 28 -
Colony American Homes paid up for its latest securitization of single-family rental homes, which has a duration- weighted blended interest rate of LIBOR plus 188.8 basis points.
May 28 -
The first deal in the U.S. backed entirely by commercial solar assets could come as early as Q3.
May 27
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Welk Resort Group plans to issue $129.6 million of securities backed by timeshare loan receivables, following a two-year securitization hiatus for the issuer.
May 27 -
The U.S. Department of Education says theres very little evidence that active-duty servicemembers are being charged unlawfully high interest rates on federally guaranteed student loans.
May 27 -
Wheels Inc. is marketing $512.70 million of bonds backed by auto fleet leases, according to rating agency reports.
May 27
