Glen Fest

The $533 million Transportation Equipment Trust (TFET) 2019-1 is the first-ever transport finance business securitization serviced and sponsored by BMO Harris' commercial bank, which picked up the business from GE Capital in 2015.

The portfolio consists entirely of narrowbody, single-aisle jets, and has an initial value of approximately $601.9 million.

Arivo Acceptance, a two-year-old specialty-finance auto lender, is launching its debut securitization of subprime and non-prime loans for new and used cars, trucks and SUVs.

The deal marks the second securitization of large-sized mortgages originated for high-net-worth borrowers, and acquired by AIG.

Carlyle Aviation Management is issuing a $540M pool secured by the leases and asset values of 29 mid- to end-of-life aircraft.

The $460 million BFLD Trust 2019-DPLO will be secured by a two-year mortgage loan that will refinance $401.3 million of existing debt, plus pay $147.5 million of equity.

In the pool of 46,070 vehicles in the $1 billion pool or 59,863 in the $1.3 billion pool, none are equipped with diesel engines that were at the center of Volkswagen’s worldwide emissions scandal in 2015.

The Newport Beach, Calif.,-based aircraft lease firm is sponsoring its first deal since a debut securitization in 2017.

Natalya Michaels, recently of Artisan Partners, will be a managing director with a focus on marketing, investor relations as well as expanding the firm's investor and product base.

PACE financing, which peaked at $1.7 billion in 2016, was less than half that in 2018, and only two publicly rated deals totaling have priced this year.