ABS

CNH Industrial Capital America is sponsoring an $869.9 billion bond offering backed by equipment loan contracts made to the agricultural and construction industries.

J.G. Wentworth is readying $129 million of bonds backed by structured settlements and annuities.

Crédit Agricole CIB this week completed a $3 billion transaction that transfers credit risk on the bank’s portfolio of European project finance loans.

Tennessee bankers are opposed to the introduction of the green-bond financing program in the state because of the first-lien priority of PACE assessments over mortgages. PACE programs are already in place in 32 states and the District of Columbia.

Securitization pros compared notes on regulatory compliance and learned about the risks and rewards of fintech; here are the highlights of the Structured Finance Industry Group;s annual confab.

Expect to see more bonds backed by Property Assessed Clean Energy Loans that earn top marks from credit rating agencies.

Rules requiring issuers of asset-backeds to keep "skin in the game" of deals haven't been as burdensome as many featured.

Securitization pros are guardedly optimistic about the Trump Administration’s impact on the industry, even if no one expects to see a rollback of regulations imposed by the Dodd-Frank Act in the immediate future.

The fintech firms Nymbus and Monzo separately announced that investors are pouring in additional money to fuel their growth.

Increasingly, these transactions are being structured to give lessors more flexibility in terms of both the types of collateral and the ability to actively trade aircraft. As a result, transactions more accurately reflect lesssors’ fleets

Marketplace lender Kabbage is marketing $500 million of bonds backed by small business loans and lines of credit. The transaction, dubbed Kabbage Asset Securitization 2017-1, refinances a $270 million facility it obtained in 2014 that is set to expire.

Kroll Bond Rating Agency is maintaining its downgrade watch on portions of Diamond Resorts’ recent timeshare loan securitizations, expressing worries about future default levels.

For the third consecutive year, the captive finance credit unit of farm equipment manufacturer/dealer John Deere is choosing February to launch an asset-backed securitization of agricultural and construction equipment retail loans it originates and services.

Bond Street in New York has gotten a commitment from the investment bank Jefferies to purchase up to $300 million of its small-business loans.

Volvo is preparing its seventh annual securitization of leases on trucks and other commercial equipment, according to Fitch Ratings.

Stonebriar Commercial Finance is sponsoring a four-note, asset-backed transaction that is supported by receivables from contracts it services with an aggregate outstanding balance of nearly $340 million.

Renovate America, one of the largest providers of Property Assessed Clean Energy Loans, is expanding into unsecured lending.