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Enterprise Fleet Management's third securitization of the year feature leases with just two months of seasoning, on average.
October 18 -
S&P also upgraded five more senior tranches of the deals citing paydowns, which in one CLO was accelerated by the diversion of interest from sub notes.
October 17 -
Fitch Ratings and Moody's Investors Service each rate a single collateralized loan obligations with exposure to debt of the former retail giant.
October 16 -
The reinvestment period of $457.8 million Palmer Square CLO 2013-2 is being extended for another four years; there are also changes to the capital stack.
October 15 -
Higher-cost loans, less seasoning and rising APRs have pushed average loan balances beyond $28K.
October 14 -
The senior tranche of Oak Hill European Credit Partners VII has an assumed coupon that is inside of the market average for September.
October 12 -
The California-based CDFI has a growing portfolio of renewal loans from prior borrowers eligible for higher credit limits.
October 11 -
The fifth SDART deal of the year benefits from the same improvement in credit quality as other recent transactions from the platform.
October 11 -
LCM 28 can pay noteholders across the capital stack based on three-month Libor or "any applicable" alternative - including one-month Libor.
October 10 -
The transaction's note size is to be determined, but is backed by €750M in lease-backed receivables, compared to €1.5 billion in VW's most recent German lease ABS in May.
October 9
