The new millennium does not appear to pose any threat to the continuing parade of professional sports ventures looking to securitize in the private debt market.

Following recent deals for new arenas in Miami, Denver and Los Angeles, a new asset-backed securities offering from the National Hockey League's New York Islanders is set to be introduced to investors sometime in the next quarter. While every sports finance deal has a variety of unique characteristics, this transaction may well break the general mold.

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.