ABS

Pillar Capital has appointed Stephen A. Velotti Chief Executive Officer effective immediately, the Bermuda-based insurance asset management company said in a press today.

Analysts at Barclays forecast a total of €46 billion ($61 billion) in publicly-placed securitization issuance for 2013, according to their mid-year outlook.

Ally Financial is plans to issue $508.21 million of auto receivables-backed notes.

Iconix Brand Group priced an upsized offering of $275 million of notes backed by licensing fees.

Ford Motor Co. priced its Series 2013-3 and Series 2013-4 auto floorplan-backed securitizations, according to a Securities and Exchange Commission filing.

While Clean Power Finance and others are focused on residential solar financing, Mercatus (formerly SCS Renewables) has turned its attention to what it calls “the next big growth opportunity”: securitization funding for commercial and industrial solar projects.

ALBIS Mobil Lease GmbH, UTA Leasing GmbH, and Kögel Leasing GmbH plan to issue up to €147.23 million backed by leases made to the German small and midsize enterprise (SME) sector .

Pricing on Ohio’s FirstEnergy utility securitization are expected to price on the tight end of guidance on the back of the historically low rates for benchmark U.S. Treasury and U.S. Agency debt.

Freddie Mac is marketing multifamily mortgage-backed securitizations for a combined total of approximately $3.5 billion.

Louisiana Tobacco Settlement Financing Corp. trustees gave swift approval Tuesday to the controversial refinancing of up to $720 million of outstanding tobacco settlement revenue bonds.

Iconix Brand Group is planning to issue a securitization of flows from brand licensing for $250 million, the company said in a release.

The Structured Finance Industry Group has hired Falcon Capital Advisors as well as a consultancy run by Kristi Leo to help it attract new members and pursue its legislative agenda.

The Massachusetts Education Financing Authority (MEFA, or the authority) is offering $304.72 million of its Education Loan Revenue Issue K bonds. The fixed-rate Series 2013 is the first issuance under the Issue K indenture, a master trust.

PFS Financing Corp plans to issue a $282 million securitization backed by insurance premium finance loans, which are usually installment loans that have less-than-one-year duration.

Sallie Mae plans to issue SLM Private Education Loan Trust 2013-3, its third student loan-backed securitization of the year, totaling $1.246 billion.

PHH Corp. priced an upsized $700 million auto lease securitization called PHH Chesapeake Funding LLC 2013-1 today. The deal was originally sized at $450 million.

There's growing interest in bonds backed by shipping container leases, and this could prompt underwriters to structure deals with higher-rated tranches, according to DBRS.

Nationstar priced $2.0 billion of advance securitizations that will provide an incremental 1.75% interest rate savings to existing advance credit facilities.

Covered bonds backed by loans to small and medium-sized enterprises have gained traction in Europe as and alternative to bank financing and other debt instruments, according to Moody's Investors Service.