Paul Schott Stevens ICI

Paul Schott Stevens

President and CEO

Paul Schott Stevens is president and CEO of the Investment Company Institute.

TRENDING

Auto ABS

Global Lending prepares $289.6 million in ABS, after its sponsor's 2023 origination boost

Known for subprime financing, the sponsor has been making inroads lending to near-prime customers in the last couple of years.

By Donna M. Mitchell

2h ago
Securitization

Chase Auto Owner Trust prepares to sell $1.2 billion in notes

Spreads ranging from 16-18 basis points over the three-month, interpolated yield curve on the P1 (Moody's) and F1+ (Fitch) notes, to 160 to 170 over the benchmark on the class D notes.

By Donna M. Mitchell

April 25
Esoteric ABS

Credit investors snap up bonds backed by art loans, internet addresses

Esoteric ABS deals — backed by collateral other than student, auto, credit card and equipment loans — have risen to about 31% of the ABS market from 9% over the last decade.

By Immanual John Milton and Carmen Arroyo

April 25