ABS

CIFC Corp. saw its stock soar 22.32% Thursday after the No.1 ranked U.S. CLO manager by deals under management announced it had retained JPMorgan to explore a possible sale of the company.

Nations Equipment Finance is shaving exposure to oil-and-gas equipment contracts in its latest asset-backed deal – but still has “relatively high exposure” to the risky field, according to a presale report from DBRS.

Aviation Capital Group, a wholly owned unit of Pacific Life Insurance Co., has redeemed $1.86 billion of asset-backed securities issued in 2005.

As the Florida Hurricane Catastrophe Fund prepares to return to the municipal bond market for the first time in nearly three years, the agency's chief plans to retire.

Martin Stephenson is joining JLT Re, the 4th largest reinsurance broker in the world.

LoanHero, an online lender specializing in consumer loans at the cash register, announced that it has raised $2.5 million in seed funding.

Online lender Enova International said Friday it has entered into a $175 million asset-backed financing facility for its NetCredit installment loan portfolio.

Volvo is coming out with a deal backed by loans on trucking and construction equipment.