Merchant Customer Exchange (MCX)

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Securitization

Duke Energy Progress prepares to issue $177.3 million in storm recovery bonds

The notes will price against Treasurys, with spreads expected to fall between 85 and 90 basis points over the benchmark.

By Donna M. Mitchell

2h ago
Securitization

FTC issues worker non-compete ban as chamber lawsuit looms

The high-stakes legal showdown comes three years after President Joseph Biden signed an executive order encouraging the FTC to limit non-compete agreements, which affect roughly one in five Americans.

By Leah Nylen and Emily Birnbaum

5h ago
Securitization

Hilton Grand prepares to float $240 million in timeshare loans

Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.

By Donna M. Mitchell

April 23