ABS

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.

IPFS Corp. is preparing a $300 million securitization of loans used to finance insurance premiums, according to Moody’s Investors Service.

Two equipment-lease securitizations were launched Thursday: a $850 million deal from CNH Industrial and a $454 million deal from GreatAmerica Financial Services Corp.

Ford Motor Credit is offering another $833 million of notes backed by dealership inventory financing from its master trust.

Enterprise is readying $649 million of securities backed by leases on fleets of cars and light trucks.

The Western Riverside Council of Governments is preparing its second-largest securitization of Property Assessed Clean Energy bonds financing energy efficiency renovations for California homeowners,

With only $16 billion in issuance in January, the market for new securitizations fell by $2 billion from December and is less than half of the new structured finance supply from January 2015.

OnDeck Capital, an online small-business lender in New York, has added a former E-Trade Financial executive to its board, as another director plans to leave.

The Hertz Corp. is preparing two as-yet unsized offerings of bonds backed by rental car fleet financing, according to rating agency reports.

The ongoing deterioration in crude oil prices is raising concerns that the energy sector’s distress will drag down CLOs that have overweight debt exposure to exploration/production and oilfield services firms.

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.