ABS

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.

Ford Motor Credit is offering its fifth dealer floorplan securitization of the year, marketing $862.75 million in bonds that back lines of credit provided by the captive finance company to its network of dealers.

GE Capital Aviation Services is marketing $709 million of notes backed by aircraft leases, according to Kroll Bond Rating Agency.

Renewable Funding, emboldened by the success of its first three trips to the securitization market, is preparing to finance an even larger portion of its lending for energy efficiency upgrades.

Warning signs are growing in structured finance for 2017.

With looming risk-retention rules less than two months away, collateralized loan obligation managers may push refi levels to new heights before the year is out.

Morningstar Credit Ratings continued its push to become a one-stop ratings agency this fall, adding collateralized loan obligations to its menu of structured finance ratings. The firm issued its first public ratings for two deals in September and November.