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The initial $1.31 billion pool may be potentially upsized to $1.53 billion.
May 17 -
This week, Moody’s Investors Service projected elevated credit-loss expectations for a new subprime auto-loan securitization from Veros Credit, even though the new deal has several improved credit metrics compared to the company’s prior ABS offering in March 2020.
May 14 -
Verizon Master Trust, Series 2021-1 is the first series from the new platform which will periodically issue notes that – similar to bank credit-card ABS structures –will be designated to specific groups of accounts.
May 14 -
If the lender's trust opts to upsize its second bond offering of 2021, the $2 billion-plus transaction would be Santander's biggest in the post-crisis era.
May 12 -
The two companies each priced on Wednesday each firm's second aggregated pool of non-QM loans this year.
May 12 -
The multiborrower CMBS deal includes 71 single-tenant properties, representing more than 40% of the pool.
May 11 -
The bonds backed by the primarily non-prime unsecured receivables have preliminary ratings of BBB (low) from DBRS Morningstar and BBB- from Kroll Bond Rating Agency.
May 10 -
The rental-car firm's next securitization of its rental car fleet is just the second since the COVID-19 outbreak in early 2020, and is buoyed by pent-up business and tourist travel demand for vehicle-rental services.
May 10 -
Deals, trends and research in structured finance and asset-backed securities for the week of April 30-May 6
May 6 -
The 30-acre luxury retail development is among four investment-grade-worthy loans included in the multiborrower deal.
May 5
