ABS

The railcar equipment notes are secured by a portfolio of 5,770 units which are almost all being utilized through full-service leases.

Deals, trends and research in structured finance and asset-backed securities for the week of Dec. 31-Jan.7

The agency cited improving used-car prices that have elevated resale values of off-lease vehicles that drivers are turning back into dealerships.

Deals, trends and research in structured finance and asset-backed securities for the week of Dec. 11-17

Downgrades applied to deals sponsored by Carlyle Aviation and Avolon Aerospace reflect the continued deterioration of airline credit quality and aircraft values afflicting nearly all issuers, the ratings agency reported.

Deals, trends and research in structured finance and asset-backed securities for the week of Dec. 4-10

Delinquencies and defaults are at or near historic lows as tracked by Fitch, while rising monthly payment rates show consumers are increasingly paying down balances.

Deals, trends and research in structured finance and asset-backed securities for the week of Nov. 28-Dec. 3

The third offering of bonds secured by non-guaranteed private student loans has a senior-note weighted average life of just 3.44 years, compared to over five years each for two prior Navient SLABS deals this year.

The WA FICO of 710 contrasts with the range of 554 to 635 in recent Carvana securitizations centered on subprime borrowers.