ABS

Irish aircraft leasing company Avolon is preparing to launch a $636 million aircraft lease securitization.

Clean Power Finance's new online marketplace for operations and maintenance services for distributed generation solar paves the way for securitization of solar assets.

Ally Financial priced an upsized offering of notes backed by lines of credit to auto dealers.

Ally Financial is prepping a $408 million securitization of dealer floorplan financing.

Toronto-Dominion Bank plans to stage a return of its lines of credit securitization deals via a new transaction dubbed Genesis Trust II, Series 2013-1, according to Moody’s Investors Service presale report.

The members of trade association The Structured Finance Industry Group (SFIG) have elected a new, 40-person permanent board, the organization said in a press release.

Third party certification for solar projects significantly raises the industry bar for technical bankability and risk reduction for PV power plant operators, investors and financial entities.

Moody’s Investor Service is considering changing the way it rates covered bonds to take into account the additional support they would receive in the event of a bank failure.

Nine states prevailed last week in arbitration with tobacco companies in their dispute over the size of 2003 payments due under the 1998 master tobacco settlement, providing a boost for their outstanding tobacco bonds.

A $110.6-million securitization of timeshare loans is heading to the market, according to a pre-sale report from Standard & Poor’s.

General Electric is working on a $446.85 million securitization of small equipment loans, its first of 2013.

The deal, Textainer Marine Containers III Series 2013-1, will issue a single tranche of notes with a preliminary ‘A’ rating from Standard & Poor’s.

Wells Fargo is exploring the sale of some mortgage servicing rights because the market is flush with potential buyers and it sees little opportunity to cross-sell many servicing clients.

The European Central Bank said on Monday that some residential mortgage-backed securities and ABSs backed by loans to small and medium-sized enterprises not meeting its new loan-level reporting requirements could still be eligible for repo funding.

Major League Baseball has issued $276.85 million of notes from its MLB Club Trust, according to Fitch Ratings.

PNC Financial Services Group has begun winding down Market Street Funding, an asset-backed commercial paper conduit that funds credit for corporate clients.

Guy Carpenter Taps Willis Re Vet Dorothée Mélis-Moutafis as a managing director in the property solutions group

An increase in E-cigarette use would further reduced cashflows to tobacco settlement securitization bonds and negativelyimpact their ratings, according to Fitch Ratings.

View the year-to-date manager rankings through Sept. 27 for the different ABS sectors, including real estate, credit cards and autos.