ABS

Prop 2017-1, as it is simply designated, is a $411 million ABS comprised of three classes of loans that will finance 63 aircraft that Elix Aviation has on lease to 17 airlines. Elix, majority owned by Oaktree Capital Management, focuses exclusively on the regional turboprop aircraft market.

Alcentra is the third manager in January to seek out a refinancing for one of its European collateralized loan obligation deals, according to a presale report from Standard & Poor’s.

As costs continue to fall, homeowners are increasingly opting to purchase solar photovoltaic systems, rather than allowing a developer to pay for installation and entering into a long-term power purchasing agreement.

A Dubai-based aircraft fleet owner is issuing its first rated securitization of loans to purchase a new series of older passenger jets that it will lease to 13 airlines globally.

General Motors is tapping the securitization market to help it provide inventory finance for automotive dealerships.

Enterprise Rent a Car is tapping the securitization market for $750.2 million to finance fleets of cars and trucks that it rents to companies.

Portfolio managers are feeling a slight breeze of optimism for the first time in over three years about credit conditions for corporate borrowers, according to the latest survey from the International Association of Credit Portfolio Managers.

Aetna Life is marketing its annual offering of catastrophe bonds offloading risk of medical claims.

American Airlines is upsizing the carrier’s first enhanced equipment trust certificate issuance of 2017 to $983.2 million, covering the financing of 24 new aircraft joining American’s fleet over the next five months.

The Loan Syndications and Trading Association will appeal a Dec. 22 federal district court ruling that shot down the trade group’s 2016 lawsuit against U.S. financial regulators challenging new risk-retention standards for collateralized loan obligations.

American Airlines, Inc. will be issuing $592.5 million in equipment trust certificates that will be secured by 18 new aircraft being delivered in the first half of 2017, according to a regulatory filing Wednesday.

The performance of aircraft, railcar and auto fleet lease securitizations will continue to benefit from steady, if modest economic growth

Ascentium Capital is securitizing a $100 million loan facility partially backed by a pool of equipment loans and leases it finances.

Iconix Brand Group is selling another brand in its portfolio order to further reduce its indebtedness

A larger-than-expected “bail-in” of Banca Monte dei Paschi di Siena has placed the focus on other major Italian banks that have similar plans to seek government guarantees on their non-performing loan securitizations.

Citizens Financial Group in Providence, R.I., said Tuesday that it expects to start offering digital small-business loans in mid-2017.

Renovate America has priced its fourth securitization this year of Property Assessed Clean Energy (PACE) bonds, in a $292 million deal that capped a near doubling of its investor base since the year began.

Aviation Capital Group Corp., an owner and international lessor of commercial passenger jets, is returning to the asset-backed market with a collection of leases on some of it older fleet of aircraft assigned to largely emerging-market carriers.

SuttonPark Capital is preparing its third structured settlement securitization, according to DBRS.

JPMorgan Chase, HSBC Holdings and Credit Agricole were fined a total of 485.5 million euros ($521 million) for rigging the Euribor benchmark as European Union antitrust regulators wrapped up a five-year investigation into the scandal.