Donna M. Mitchell is a financial journalist based in the New York metro area with expertise covering structured finance, commercial real estate, and wealth management. Her work has appeared in Forbes, Next Avenue, Financial Planning and National Real Estate Investor.
-
The dental and medical spa industries accounted for 60.1% and 26.0% of the deal's balance.
May 12 -
Residential, business and carrier customers represented 37.2%, 32.8% and 30.0%, respectively, of revenue from the last 12 months.
May 9 -
Oxford requires that 91% of the supporting loans have interest payments on a floating rate index or a floating rate option, but new loans face requirements to mitigate the risks of yield shortfalls.
May 8 -
Agora started out by providing independent and franchise dealerships with an online platform to manage their retail installment sale contracts (RISCs).
May 7 -
The transaction's senior, interest-only tranches, which are also initially exchangeable, pay a coupon of 0.50%.
May 6 -
The transaction will issue about 10 classes of notes, composed of one term bond and nine serial bonds.
May 5 -
Indexed to the one-month, I-Curve, yields are expected to range from 4.60% on the A1+ rated, A1 notes to 6.22% on the BBB-rated, class D notes.
May 2 -
The rating agency said 82 of the 114 loans, representing 76.4% of the portfolio's value, have final balloon payments.
May 1 -
Southern Auto Finance uses a heavily automated origination process that puts applicants through several rounds of vetting, including income and employment verification.
May 1 -
At any point during the revolving period, the issuer might upsize the current notes to a $500 million limit.
April 30
