John S. Hintze

Rule 15c2-11's public disclosure requirements could inhibit Rule 144A issuers unless addressed.

The catalog itself is valued at $4.1 billion, easily the largest portfolio value among the securitization industry's recent music royalty transactions.

The amended longstanding rule could drain liquidity from asset securitization markets, while a separate disclosure proposal is poised to burden CLOs.

Success could open up a major source of uncorrelated risk to structured-finance investors.

Should Libor become unavailable most CLO loans are already written to fall back to the prime rate. Managers will have to monitor their CLOs' legacy Libor loans.

Disclosure requirements have been in place since 2019, but until now it has been unclear whether the disclosures should adhere materially or exactly to templates.

Central banks' aggressive interest-rate hikes to tame inflation have increased the likelihood of borrowers' interest-rate coverage falling short.

The new law is expected to strengthen renewable energy market development, but ongoing supply-chain complications may hinder a jump in deals.

In the proposal, NAIC argues that an insurer purchasing every tranche of a CLO holds the same investment risk as purchasing the entire pool of loans backing the CLO.

The new loan forgiveness program should lessen maturity risk by lopping off a chunk of the student loans, accelerating payments to lenders.

Ali Ben Lmadani, ABL Aviation's founder and CEO, expects to see the values of mid-life aircraft fall from highs seen in 2017, when future values were booked too high.

The solar industry has made significant strides, and the related ABS market should continue under its own momentum, providing investors with attractive returns.

Amid reduced M&A activity, U.S. middle-market borrowers and investors in asset-backed securities are trying to reset and figure out where the right valuations levels are, says Sengal Selassie, CEO of Brightwood Capital Advisors, a lender and issuer of CLOs.

Questions remain around switching benchmarks that could result in unexpected refinancings

High hopes for 2022 crashed when Russia invaded the Ukraine, which left hundreds of aircraft stranded in Russia. But sector consolidation could lead to more deals.

The drop in CLO issuance from Q1 volume raised no alarms, coming off last year’s record $187 million issuance, and experts see strong production for 2022.

Despite perceptions that smaller companies are riskier, they pose less risk to investors. Realized loss rates are lower, and they deliver higher returns.

CLOs technically fall under the new disclosures and prohibitions for private-fund umbrella, but do not appear to be the proposed rule’s intended target.

The U.S. economy is relatively insulated from the events unfolding in Eastern Europe. Western Europe may be affected indirectly by higher energy prices.

The amendments effectively broaden the rule’s impact to include fixed-income securities, prompting several major industry groups to address SEC Chairman Gary Gensler.