ABS

Pillsbury Winthrop Shaw Pittman has hired aviation finance expert Jonathan Goldstein as a partner to lead its high-end transportation and structured financing practice in its New York office.

OnDeck Capital in New York reported a $5.1 million loss in the fourth quarter as revenue failed to keep pace with rising expenses.

John Deere is marketing $775 million of bonds backed by equipment leases.

The Long Island Power Authority (LIPA) plans to issue $381.73 million of tax-exempt bonds backed by restructuring charges imposed on its retail electricity customers, according to Moody’s Investors Service.

The Puerto Rico House of Representatives narrowly passed an energy sector reform bill, in another step toward adoption of a negotiated debt restructuring deal for the island's electric utility.

The burgeoning industry has been hoping the Supreme Court will overturn a problematic lower-court ruling, but the unexpected passing of a conservative stalwart makes that outcome less likely.

NewStar Financial is releasing its first CLO since September 2015 with a $350 million portfolio of loans it has originated for small to medium-sized companies.

Markit has acquired systems integration software from JPMorgan that will allow the information services company to offer its global syndicated loan clients more automated trade processing services.

SolarCity is testing the market for securities backed by solar panel leases for the first time since three states introduced legislation that raises questions about the cost savings associated with these assets.