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The company is looking to take advantage of Credit Suisse's step back from other areas across markets too. Within securitized products the firm has been looking to expand into new products that trade in secondary markets.

Jelena McWilliams, who chaired the agency during the Trump administration, said removing the cap on insured deposits would impact the banking sector in three key ways.

Top obligors in the 2023-1 transaction also have higher credit quality, with three of the top four obligors having investment grade credit quality, compared with only one top obligor from the 2021-1 deal.

(Bloomberg) -- Goldman Sachs Group Inc. is shaking up the leadership ranks at the heart of its capital-market business after a big overhaul in October that merged investment banking and trading operations all in one.

The latest AESOP includes medium- and heavy-duty trucks, plus different minimum depreciation rates of non-program vehicles (NPVs) to account for their market values.

Holders of the so-called catastrophe bonds could end up doing far better than investors in the firm's junior bonds, which have been written off by Swiss regulator FINMA as a part of the UBS deal.

The overall credit picture is mixed in the Golden Credit program, which demonstrated higher net chargeoffs of 1.71% in the February collection period, up noticeably from 1.30% a year before.

Compared with previous deals, Kubota Credit 2023-1's collateral pool is only slightly less diversified, both in terms of obligor concentrations and the equipment mix.

Deal supply remains relatively strong in the sector, but new originations still face a scarcity of new assets to roll into the deals.

The company is offering to swap five series of bonds, including its 5.625% unsecured notes due 2025 and 10.25% unsecured notes due 2030 for new secured notes due 2028 that pay 9% in cash or 12% in-kind. The debt will be secured by a second-priority claim on assets including vehicles.