ABS

Henry Brigham, Willis Hwang and David Knecht bring a combined 43 years of corporate trust experience to the Wilmington Trust team.

Credit performance to LL ABS deals has been better than expected, as financial support to borrowers made exxtra cash available to pay down on other obligations.

State Street Corp. will leave its two New York City offices, making good on plans to transition its Manhattan-based staff to a hybrid work model.

RFS Asset Securitization could issue additional notes, up to $500 million, at any time during the revolving period, which could be as soon as June 2024.

Most of the pool, 63.7%, consists of new agricultural equipment, followed by new construction equipment and new turf equipment.

The sweet 'WBS' deal will raise funds from Nothing Bundt Cakes' vast franchise operation to repay corporate debt and help fund general corporate purposes.

KBRA says credit quality is assessed via the firm's internal assessments.

Both the prime and non-prime auto loan ABS sectors are seeing activity.

Existing and future domestic franchise agreements, plus royalties on company-operated restaurants are some company lines of revenue pledged to the 2021-1 trust.

The deal will test the resilience of structure’s credit mitigation measures, considering Hertz's dependence on air travel and pending emergence from Chapter 11.