Bank of America
Bank of America
Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets.
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The deal also includes a series of exchangeable notes that will pay variable rates.
June 10 -
Scooter's Coffee brand sells beverages through a network of 910 locations across 32 states, virtually all of which are franchises (98%), and sells coffee through various formats, including coffeehouses or endcaps with drive-thrus and kiosks.
May 27 -
The 30-year bond's yield, which has closed above 5% every day since May 12, approached 4.98% at one point.
May 27 -
The deal also includes a 120-day stop advance provision, which prevents it from forwarding any interest and principal on loans that are past 120 days delinquent.
May 22 -
Demands for new data centers account for the surge in financing, while offering portfolio diversity.
May 18 -
Despite the quality of the pool's underlying loans, the pool has a large proportion of investment properties, 76.7%, which are susceptible to higher default probabilities.
May 11 -
The notes are expected to pay coupons including 5.00% on the A6 through A30 tranches of notes, and 6.13% on the B1 through B6 notes.
April 30 -
The deal saw notable changes from SCLP 2021-1, especially an increase in target and initial overcollateralization.
April 27 -
Highly leveraged software companies facing major credit challenges may turn to using more LMEs to stave off defaults.
March 30 -
With credit spreads widening, Apollo Debt Solutions, or ADS, obtained a $500 million credit line that it can use to snap up more loans at an opportune time.
March 27 -
Many credit drivers are stable; agencies are being vigilant about several macroeconomic factors that might destabilize borrowers' ability to keep servicing their auto loan debt. One is student loan debt.
February 27 -
After a long price correction in the art market, Bank of America is expanding its advisory services for collectors — and it's not alone.
February 25 -
The largest single obligor exposure is to the U.S. government, accounting for $146.8 million or 14.19% of the aggregate securitization value (ASV).
January 28 -
OBX 2026-J1 will repay noteholders through a senior subordinate, shifting interest structure.
January 27 -
The notes are expected to pay coupons of 4.94% on notes in the A1FCF tranche, rated AAA from KBRA and Fitch Ratings, to 6.78% on the B1 notes.
January 16 -
A week after President Trump demanded a 10% cap on credit card interest rates, top executives at big banks protested the idea in blunt terms.
January 14 -
Underwriting relied on full documentation in keeping with Ability-to-Pay rules, and all the loans received a third-party due-diligence review.
January 13 -
The deal comes to market as President Trump suggested barring institutional buyers from snatching up single-family homes, the type of properties secure the bulk of SEMT 2026-INV1.
January 8 -
The senior notes will build hard credit enhancement levels over time because classes B through G will be locked out of principal payments for eight months.
December 15 -
The deal includes debt service coverage ratio (DSCR) triggers, where a cash trap event will occur on any payment date if the DSCR falls below 1.15x.
December 12





















