Esoteric

The company provides specialty ingredients and research and manufacturing services to several markets including biotechnology and pharmaceutical.

While the majority of SRTs are used to offload credit risk on corporate lending, strong demand for the instruments is allowing banks to offer other forms of collateral.

Island CEF, a subsidiary of Gordon Brothers completed its first securitization in August, selling $265.5 million in bonds secured by equipment finance leases and loans payments.

Proceeds will allow Abacus to originate more policies and fund general corporate operations. The transaction is also part of Abacus' shift toward recurring, fee-related revenue.

Ed Comber, a pioneer in music catalog securitization, also joined the firm as a partner in structured finance and securitization.

A two-part sale was reached in June. Yum China Holdings agreed to buy the China-based business for $1.2 billion, while LongRange acquired the rest for $1.5 billion.

The series 2026-1, A-1-V and 2026-1, A-2, issued from a master trust, have an anticipated repayment date of September 2031.

She has advised borrowers and lenders on domestic and cross-border financing transactions across a broad range of asset classes, including trade receivables and commercial loans.

The aircraft assets will be prefunded, otherwise, the proceeds will refinance 15 vintage aircraft.