ABS

During sequential interest amortization, interest on TIP Solar's class B notes will be deferred until the interest and principal on the class A notes and class B's outstanding principal amount are all paid.

SRTs are expected to get a boost as policymakers look for ways to revive Europe's €1.2 trillion securitization market and increase financing for housing, energy and defense.

O'Donnell, a partner, will work in its New York office and Menon is a director in London.

The group is negotiating a reworking of the debt, which FAT Brands has struggled to service despite relatively steady performance at its chains.

Bespoke securitizations have been gaining in popularity as private fund managers look for ways to raise cash amid a slump in dealmaking and fundraising.

Notes are anticipated to repay in October 2032, with a final maturity date of December 2055.

Loans for hotels and motels, except those that have casinos, account for 19.43% of the pool balance, the largest portion.

In Zayo Issuer's payment structure, senior fees are paid first and then interest is paid monthly on all remaining outstanding classes of notes.

The Reliance offering drew a robust response, as it gave investors a chance to own top-rated asset-backed securities in a market still dominated by non-bank financial firms.

The deal must own at least eight assets, otherwise it will begin to use any excess cash to fully pay down the notes.