Florham Park, N.J.-based GSC Group, an alternative asset investment manager, recruited Robert P. Seery as senior vice president in its structured finance group, to spearhead the development of funding vehicles for the company's structured finance business. Previously, Seery worked for International Asset Transactions, a privately held capital markets specialist, where he was COO since 2003. He also directed the planning and rollout of the firm's asset management strategy, which was partially funded with asset-backed commercial paper. Before joining International Asset Transactions, Seery, 52, was a vice president and controller for Commerzbank Capital Markets Corp.
-
Zayo Issuer, series 2026-1 and 2026-2, uses a master trust structure that will initially issue five tranches of classes A, B and C notes, and can issue additional classes if they meet certain conditions.
April 11 -
The deal will issue floating-rate notes, through the A-1B tranche, while underlying variable-rate loans are pegged to either CME Term SOFR or the 30-day average SOFR.
April 10 -
A 21.2% spike in the price of gasoline was the biggest contributor to a 0.9% increase in the Consumer Price Index in March, according to a Friday report from the Bureau of Labor Statistics. The agency said other price increases were largely contained.
April 10 -
The sophomore outing follows a similar structure as the Clarus 2024-1, with six tranches of class A, B, C, D and E notes. The A2 tranche will issue the bulk of notes, $165.4 million.
April 9 -
It doesn't have to be all or nothing, but all paths are complex, capital markets and policy experts in the Treasury Market Practices Group say.
April 9 -
The underlying collateral pool is composed of 45,323 receivables, which have an average remaining loan balance of $30,210, and an average percentage rate (APR) 5.56%.
April 9








