Goldman Sachs
Goldman Sachs
The Goldman Sachs Group Inc is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (45%), asset management (20%), and consumer and wealth management (15%) segments. Approximately 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
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JPMorgan Chase & Co. CEO Jamie Dimon said bankers would be "dancing in the street" under the lighter-touch regulatory environment expected under Trump.
9h ago -
Any risk of mis-matching of fixed and floating rates among the assets and transaction notes is minimal. Between 80%-90% of the notes pay a fixed rate, while 78% of the loans are fixed rate.
November 4 -
A vast majority of the deal, 87.17% of the collateral, as a percentage of the assets' principal balance, has a 60-month original term to maturity.
November 1 -
This securitization creates a bridge between the fund finance world and the public asset-backed securities market, a link that's expected to strengthen.
October 17 -
Notes benefit from overcollateralization of 2.60% of the initial pool. Subordination and a sequential payment priority will cause enhancement to be built up in the transaction, with overcollateralization reaching 4.5%.
October 7 -
Marine and recreational vehicles account for 64.7% of the pool, with home improvement accounting for the rest. The A, B, C and D notes benefit from total initial hard credit enhancement levels of 37.7%, 27.2%, 17.5% and 7.5%, respectively.
October 2 -
Credit enhancement ranges from 15.0% on the super senior notes to 0.70% on the B4 note, among the subordinate tranches.
August 7 -
The notes have a final scheduled maturity date of August 2069, with credit enhancement levels that range from 25.0% on the A1 notes to 1.45% on the B1B tranche.
August 1 -
The A1, 2, and 3 bonds will be repaid sequentially and do not benefit from subordination. There is a capital subaccount that provides sufficient funds to offset typical variance in collections.
July 29 -
Yields on the notes are expected to range from 6.0% on the A-rated tranche to 11.4% on the BB- tranche, maturing in July 2024.
July 19