SLR series 2026-1 benefits from initial overcollateralization of 8.00%, with a target of either 13% of the pool's aggregate ABS value or 8.00% of the securitization value on May 31.

The Labor Department report that US consumer prices in June saw the first monthly drop since 2020 was met with relief in financial markets.

The super senior and senior support tranches notes will repay investors on a pro rata basis, while the A2 through B3 notes repay investors sequentially.

Kevin Warsh made his first appearance before Congress as Fed chairman Tuesday and noted that policymakers have no tolerance for high inflation, reiterating a vow to tame price growth.

The strategy marks a new direction for Polar, which has historically invested in Canadian residential mortgage-backed bonds but has expanded into home lending and securitization.

The A1A through A1-LCF tranches are expected to offer coupons of 5.84%, while mezzanine and subordinate coupons include 6.58% and 6.64%.

The IPO comes on the heels of several listings by companies seeking to benefit from the rapid growth of AI.

The deal also includes a series of exchangeable notes that will pay variable rates.

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.

The 30-year bond's yield, which has closed above 5% every day since May 12, approached 4.98% at one point.

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.

Demands for new data centers account for the surge in financing, while offering portfolio diversity.

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.

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.

The deal saw notable changes from SCLP 2021-1, especially an increase in target and initial overcollateralization.

Highly leveraged software companies facing major credit challenges may turn to using more LMEs to stave off defaults.

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.

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.

After a long price correction in the art market, Bank of America is expanding its advisory services for collectors — and it's not alone.

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).