StormHarbour made four new senior appointments in its Hong Kong and Singapore offices. Aaron Tan has joined as senior advisor. Tan, who reports directly to Principal and Asia-Pacific Chief Executive Officer Water Cheung, was previously a managing director and head of Hong Kong coverage, investment banking and debt capital markets at Barclays Capital. Together with other client-focused areas, Tan will be advising on and originating real estate transactions. In Singapore, Jean-Christophe Levens, Marc-Antoine Thiriez and Hugo Virag-Lappas, all former founding partners of infrastructure advisory firm called Partners in Infrastructure, have joined as managing directors, focusing on building out StormHarbour’s Asia-Pacific infrastructure finance business. All three hires report directly to Vincent Moge, principal and head of the Singapore office and Asia-Pacific sales.
-
This series of CarMax Select Receivables notes is offering 8.42% in excess spread, a reduction from 9.85% on the CMXS 2026-A notes.
June 5 -
The senior notes will repay investors pro rata, and the mezzanine and subordinate notes will repay sequentially.
June 5 - AB - Policy & Regulation
Members of the House Financial Services Committee pressed prudential bank and credit union regulators about the potential risks of bank lending to private credit firms in a hearing Thursday.
June 4 -
More than half of consumers worry about money daily, despite improved budgeting habits and, according to a Ramsey Solutions survey, declining mortgage concerns.
June 4 -
The deal includes a three-year revolving period when collections can be used to buy new collateral if it meets eligibility and reinvestment criteria.
June 4 -
A delinquency test requires that excess cash pay down the notes sequentially if the aggregate delinquent loans represent more than 5.0% of the portfolio balance's average loan balance.
June 4







