ABS

LEAF Capital Funding is marketing $310 million of securities backed by equipment leases, according to DBRS

Even before the Treasury Department released its policy recommendations for the marketplace lending sector, an industry-backed campaign opposing new rules for small-business credit was underway

LendingClub Corp. founder and Chief Executive Officer Renaud Laplanche resigned after an internal review of loan sales to a single investor, and president Scott Sanborn was named acting CEO.

Driven Brands, the holding company controlled by Roark Capital, is issuing another $45 million from its whole business securitization.

The $828.6 million American Airlines Series 2016-2 trust certificates will be secured by 22 recently or soon-to-be delivered, newly manufactured Airbus and Boeing passenger jets, American reported in a filing with the Securities and Exchange Commission.

MassMutualAssetFinance is putting more of its business with Uncle Sam into its latest equipment lease and loan securitization package of transportation, federal energy, computers and software contracts.

Officials in three large U.S. states – Illinois, New York and California – are simultaneously taking initial steps aimed at taming the largely unregulated realm of online small-business lending.

USAA is marketing another catastrophe bond under its Residential Re platform.

Yum! Brands is tapping the securitization market to refinance a $2.0 billion bridge loan it obtained in connection with plans to split off its China business and modernize its three main brands.

OnDeck Capital, the marketplace lender that recently launched a partnership with JPMorgan Chase, is marketing bonds backed by its own small business loans, according to DBRS

Napier Park Global Capital, the hedge fund spun out of Citigroup, has found a new way to raise money to invest in railcars.

The long-time slump in oil prices is negatively affecting a narrow band of CLOs and asset-backed securities invested in energy industry assets. But the lower fuel costs are bringing improved consumer payment performance on mortgages and car loans, according to Moody’s.

The Revitalization Corp. of the Puerto Rico Electric Power Authority submitted proposed securitization charge-setting mechanisms to the Puerto Rico Energy Commission.

Ascentium Capital LLC is issuing a new equipment receivables trust that “relevers” the overcollaterization and interest assets of a previous securitization it has sufficiently paid down, according to sources.

LeasePlan Corp. N.V. is preparing its seventh securitization of European commercial vehicle leases, this time through €549.1 million in new notes through its German subsidiary.

Sonic Industries is returning to the securitization market with seven-year bonds backed by current and future franchise fees, restaurant royalties and other intellectual property.

A strong finish to March allowed the U.S. leveraged loan market to have its best quarter in nearly four years, according to Markit.

Fraikin Groupe is refinancing a truck lease securitization, according to Standard & Poor’s.