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The collateral for the deal is heavily concentrated in the top three lessees, Quatar Airways, American Airlines, and Asiana; the deal permits the three to account for up to 65% of the portfolio.
July 6 -
It's the sponsors fourth securitization, and includes 33,972 contracts to small and medium-sized companies as well as to government clients.
June 26 -
Investors had better hope it does; the spectrum rights backing the notes would be less valuable to a combined Sprint and T-Mobile, decreasing recovery in the event of default.
June 21 -
The sandwich restaurant chain will use proceeds so repay debt taken on when it was acquired by Roark Capital last year, incliuding a term loan facility.
June 21 -
The bonds were privately placed with a group of investors led by CIT Group; CohnReznick Capital served as advisor for the transaction
June 19 -
The move follows mounting criticism that many homeowners using property assessments to finance energy efficiency upgrades can neither understand, nor afford, the terms of deals.
June 15 -
Welk Resort Group is coming to market after a two-year hiatus; its previous securitization has yet to experience losses, but only because the sponsor is repurchasing defaulted loans from the trust.
June 14 -
The notes are backed by a revolving pool of short-term receivables generated from the sale of crude oil, oil products, non-ferrous metals, non-ferrous metal concentrates, iron ore, coal and refined metals.
June 14 -
Shipping companies need more units to meet a rise in global trade, and they’re not in a position to add to their own fleets.
June 12 -
The bonds are backed by contract payments on customer cellphones, a new asset class that has proven popular because of its high payment priority and potential for sizable issuance.
June 8