Automotive Credit Union

TRENDING

TGI Fridays mulls options to repay franchise-backed debt

The company has considered a new private loan that would refinance its $375 million asset-backed bonds structured as a whole-business securitization

By Carmen Arroyo, Reshmi Basu and Ellen Schneider

2h ago
Auto ABS

Global Lending prepares $289.6 million in ABS, after its sponsor's 2023 origination boost

Known for subprime financing, the sponsor has been making inroads lending to near-prime customers in the last couple of years.

By Donna M. Mitchell

5h ago
Securitization

Chase Auto Owner Trust prepares to sell $1.2 billion in notes

Spreads ranging from 16-18 basis points over the three-month, interpolated yield curve on the P1 (Moody's) and F1+ (Fitch) notes, to 160 to 170 over the benchmark on the class D notes.

By Donna M. Mitchell

April 25