ABS

Kroll reports the proceeds could include a shareholder distribution that would benefit majority owner The Blackstone Group.

BMW Financial Services is seeking to price a $1.45 billion bond package backed by closed-end, retail auto lease contracts. Toyota Motor Credit is making a $1.5B or $2.25B offering through its extended note platform.

Deals, trends and research in structured finance and asset-backed securities for the week of Feb. 19-25

The extension rates were the highest since the peak of lender deferrals granted in the wake of the COVID-19 outbreak.

DataBank, sponsored by an affiliate of Colony Capital, is pooling ownership and leasehold stakes in 15 data centers in six cities, including the Salt Lake City market that is in high demand with West Coast companies diversifying and expanding data-center operations.

Deals, trends and research in structured finance and asset-backed securities for the week of Feb. 12-18

The Georgia lenders provides financing through a platform available through 16,000 merchants nationwide, including The Home Depot.

Early-stage delinquencies were up slightly in both prime and subprime auto ABS pools, according to the agency's report for January.

Neighborly Co., a franchisor of 24 home repair and maintenance service brands, is pledging franchise-fee, royalty and other related revenues from its mostly recession-proof business lines.

Deals, trends and research in structured finance and asset-backed securities for the week of Feb. 5-11

The Japanese lender will back $526 million in U.S. dollar-denominated notes with receivables of domestic new- and used-car loans from domestic borrowers.

The eight-year-old finance company closed on its fourth overall securitization, in what was its largest ABS bond issuance to date.

Deals, trends and research in structured finance and asset-backed securities for the week of Jan.29-Feb. 4

The ratings agency says the pool of prime motorcycle loans is slightly weaker than the lender's previous securitization, plus uncertainties remain over how the pandemic might still impact riders' monthly payment performance.

The new transaction priced inside of the coupons Textainer achieved in its prior 2020 container-lease securitization, as investors continue to clamor for the lengthier terms of the asset class' bonds.

Moody's Investors Service says forbearance levels were a factor in assigning a higher expected net loss figure for Navient's new FFELP securitization.

Environmental, social and governance issues topped the list of risk managers’ concerns in a Deloitte poll .

The startup firm, backed by hedge fund capital, is pooling more than half of its managed railcar portfolio for the single-A rated transaction.

A pool of more than 1,600 contracts to small- and middle-market companies include financing for tractors, excavation equipment and dump trucks for firms in transportation, construction and waste services industries.

Deals, trends and research in structured finance and asset-backed securities for the week of Jan.22-28