ABS

A top Treasury Department official expressed concern Thursday that small-business owners don't have adequate protections when borrowing from online lenders.

SMBC Aviation Capital plans to sell $671.9 million of securities backed by a portfolio of aircraft leases.

Arby's is returning to the securitization market with seven-year bonds backed by the sponsor's existing and future franchise agreements, company-owned restaurant royalties, rental income on fee-owned properties and other intellectual property.

A planned stranded cost securitization by the Puerto Rico Electric Power Authority’s would involve an unusual level risk, according to Moody’s Investors Service.

Ascentium Capital, a private equity-owned equipment lessor, is marketing $277 million of asset-backeds, according to Moody’s Investors Service.

Dell Financial Services is tapping the securitization market for the second time this year

B2R Holdings, the parent company of B2R Finance, has rebranded as Lending.com.

A timeshare securitization linked primarily to a resort outside Orlando’s Walt Disney World is coming down the pike.

The pioneering online lender Kabbage has raised $135 million in new equity financing, with three large multinational banks among the lead investors, the company announced Wednesday.

Wells Fargo agreed to buy about $32 billion in assets from General Electric and take on about 3,000 employees as the industrial giant retreats from financial services.

Citigroup is back with a second securitization of Prosper's marketplace loans.

Moody’s Investors Service just flagged a risk in bonds backed by single-family rentals: there aren’t enough special servicers. Right now, the field is limited to two players: Midland Loan Services and Situs Holdings.

Caja Rural de Castilla-La Mancha plans to issue €700 million ($802 million) of Spanish covered bonds that are backed by a €1.96 billion pool of mortgages.

Social Finance Inc. has hired Joanne Bradford, a veteran of the technology and media industries, as chief operating officer.

The Treasury Department announced Tuesday that members of the public will have an additional month to submit comments about the online marketplace lending industry.