-
Kroll Bond Rating Agency is maintaining its BBB rating, despite the fact that the restaurant chain has experienced nine consecutive quarters of declining same-store sales.
By Glen FestMarch 4 -
Tobacco-industry loans are rare assets for CLOs, but Sound Point is ensuring none will go into its CLO XII portfolio for the remaining 20-month reinvestment period.
By Glen FestMarch 1 -
Concerns about risks in the leveraged loan market, as well as the potential impact of new capital rules for Japanese banks, continue to weigh on collateralized loan obligations.
By Glen FestFebruary 27 -
The first step toward getting a handle on blockchain technology is to avoid getting bogged down in how it works. Think instead of what it can do, experts say.
By Glen FestFebruary 27 -
Three years after Verizon issued its first term securitization of device payment plans, it remains the sole issuer; Sprint, T-Mobile and AT&T appear to have other priorities.
By Glen FestFebruary 27 -
Allowing borrowers to defer payments can be an effective way to mitigate losses, but only when used judiciously, according to S&P.
By Glen FestFebruary 26 -
Not every tranche of notes originally issued by ALM XIX has been upsized by the same amount; in fact, some of the lower-rated tranches have been cut in size.
By Glen FestFebruary 26 -
Market participants seem to view S&P's downgrade of TGI Friday's 2017 transaction this month as an outlier event in a sector that continues to gain in popularity with investors.
By Glen FestFebruary 26 -
The captive lender is already underwriting and managing leases for GM electric cars in China; it is also buying and managing fleets for GM’s Maven ride-sharing program launched in the U.S. in 2016.
By Glen FestFebruary 25 -
The €400 million RRE 1 Loan Management DAC has a 4.5-year reinvestment period and two-year non-callable period, according to presale reports.
By Glen FestFebruary 22