-
The collateral backing the notes are fixed-rate timeshare loans originated by Wyndham Vacation Resorts and Wyndham Resort Development Corp.
July 8
-
The collateral pool consists of new and used vehicles manufactured by Hyundai Motor and Kia Corp., 9% of which are electric and hybrid vehicles.
July 8
-
Prices are starting to fall in one of the most expensive cities in the U.S. but they are still much higher than their pre-pandemic levels.
July 8
-
Three weeks before the American Dream super-mall is due to pay debt backed by New Jersey economic development grants, the state hasn’t approved a key document needed to release the cash, raising the risk bondholders won’t get their money.
July 8
-
The former lender’s abrupt closure Wednesday and First Guaranty’s recent bankruptcy filing highlight difficulties in the current mortgage environment despite nonbanks being on stronger financial footing than their counterparts of 14 and 24 years ago.
July 7
-
The transaction will be backed by commercial leases and loans primarily supported by Dell Technologies and Dell EMC branded equipment.
July 7
-
The securitization has a reserve account of 1% of the initial series note balance funded fully at closing.
July 7
-
Mizuho Securities’ head structurer of collateralized loan obligations has joined New York-based private equity firm Blue Owl Capital as it makes a push into the broadly syndicated CLO industry.
July 7 -
A bank club led by Morgan Stanley has posted the steepest discount on a leveraged loan so far this year as Wall Street institutions struggle to lock down buyers for risky debt amid mounting recession fears.
July 7
-
The transaction sponsored by Hospitality Investors Trust has a strong credit profile because of the diverse properties, well-known hotel brands and strong management involved, analysts say.
July 6
