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San Francisco-based Theorem is marketing its first-ever securitization of online, unsecured consumer loans culled from the LendingClub origination platform using machine-learning technology.
By Glen FestAugust 10 -
The collateral pool consists of 59 loans for mostly older garden-style and mid-rise apartment buildings that have undergone recent upgrades and renovation.
By Glen FestAugust 10 -
The private-equity giant has secured a $900 million single-asset commercial loan to finance its investment in three studios where Netflix and Walt Disney will produce original programming for their streaming services.
By Glen FestAugust 7 -
The action, affecting 362 tranches totaling $57 billion, is taken a week after Fitch revised the U.S. sovereign rating to negative because of ongoing deterioration in public finances.
By Glen FestAugust 7 -
The Fed's TALF program to support AAA-rated ABS securities issuance continues to resonate in the prime auto securitization space.
By Glen FestAugust 6 -
With year-to-date issuance at $51.7 billion, investor demand appears to remain strong despite economic headwinds of the pandemic.
By Glen FestAugust 5 -
Avis is sponsoring its next $500 million securitization financing its rental fleet amid the continued economic impact of the COVID-19 pandemic on the travel industry.
By Glen FestAugust 4 -
Tesla last week priced its latest auto-lease securitization at signficantly reduced spreads from its last deal—reflecting strong investor demand for TALF-backed securities and an improving outlook for the world's largest battery-electric vehicle (BEV) manufacturer.
By John HintzeAugust 3 -
The proposed combination of lease payments and required vehicle sales proceeds would will boost credit enhancement to around 45% by December, compared to 34% in June, according to Moody's.
By Glen FestJuly 26