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The transaction sponsored by Hospitality Investors Trust has a strong credit profile because of the diverse properties, well-known hotel brands and strong management involved, analysts say.
By Amilda DymiJuly 6 -
The Class A note coupon initially will be linked to the USD Compounded Secured Overnight Financing Rate Index, a relatively new interest rate index. Royal Bank of Canada is the seller, servicer and administrative agent.
By Amilda DymiJuly 6 -
The transaction features two potential securitizations of collateral pools valued at approximately $1.11 billion and $1.32 billion, with bonds totaling $1.01 billion and $1.20 billion.
By Amilda DymiJuly 5 -
As of the May 31, 2022 cut-off date, 95.6% of the loans were current, of which 2.1% are bankruptcy-performing loans and 4.4%, 30 days delinquent.
By Amilda DymiJuly 5 -
Compared to the baseline macroeconomic scenarios updated in March, near-term growth outlooks have deteriorated across most DBRS Morningstar-rated sovereigns worldwide.
By Amilda DymiJuly 1 -
Loan forgiveness would help offset FFELP student loan ABS low prepayment rates and maturity risk, a primary driver of rating downgrades since 2016.
By Amilda DymiJuly 1 -
As Revlon files Ch. 11, powered by a proposed $575 million debtor-in-possession facility, experts raise flags on the potential erosion of its outstanding CLOs.
By Amilda DymiJune 22 -
Critics say that the central bank is moving in the right direction, but a 50 basis point interest rate hike was too restrained and a 75 bps move would have made better sense.
By Amilda DymiMay 26 -
Commercial air traffic, aircraft ABS cash flows, expected to wrestle with COVID-19 pressures throughout 2022.
By Amilda DymiMarch 1 -
The Reserve Bank of Dallas data in housing prices hints at a so-called ‘episode of exuberance,’ but the central bank is a long way from sounding the alarm.
By Amilda DymiJanuary 5