Premium Financing Specialists Inc., a provider of insurance premium financing, finished off its first term securitization last Wednesday via the lead of Banc One Capital Markets, coming in two basis points from initial guidance.

The deal priced on the heels of an American International Group (AIG) premium finance deal which was pulled in early in May (see ASR 5/7/01). Rumor has it another deal from a different issuer will be announced shortly.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.