Annika Sandback, vice president and senior analyst at Moody's Investors Service, has announced that she is resigning from the company after five years to pursue a career in the non-profit sector.
Barbara Havlicek, a vice president and senior credit officer in the corporate finance group at Moody's Investors Service, has moved over to the asset-backed group.
Havilcek will work on rating securitizations backed by agricultural and industrial capital equipment, tapping into her existing portfolio knowledge of capital-equipment manufacturers.
Capital One Financial Corp. recently announced that it has hired Thomas Feil as director of securitization. Feil will be responsible for the company's global securitization program, on both the domestic and international levels.
In the Canadian pipeline, HSBC Bank Canada is looking to do a term deal down the line.
Harley-Davidson watch out! It is rumored that PeopleFirst, a full-servicer of auto loans, is looking to break into the motorcycle loan sector.
Florida legislation is eyeing the taxable debt markets for a bond sale backed by the settlement of its $18 billion tobacco-backed settlement. The bill authorizing the bonds is expected to come up for debate in the House Financial Services Committee in about two weeks.
Under the proposed bill, Florida would sell its rights to its tobacco settlement payments to the Tobacco Settlement Financing Corp., a non-profit corporation that would issue bonds backed by the payments.