ABS

Ratings rotation was advocated by some panelists at a talk a convened by the Securities and Exchange Commission on a credit rating assignment system as envisaged by Section 939F of the Dodd-Frank Act, also known as the Franken Amendment.

A range of voices in the structured finance industry spoke against a credit rating assignment system as envisaged by Section 939F of the Dodd-Frank Act at a panel convened by the Securities and Exchange Commission.

Major League Baseball is planning to issue $134 million of notes from its MLB Club Trust, according to a presale published today by Fitch Ratings.

GC Securities expects catastrophe (cat) bond issuance to come within reach if not exceed the $7 billion record hit in 2007, according to a release from the boutique investment bank.

Textainer Group, a lessor of intermodal containers, has amended its $1.2 billion warehouse securitization facility, extending the term and lowering the interest rate.

A global settlement between MBIA and Bank of America is positive for MBIA-wrapped non-agency mortgage-backed securities, according to Barclays.

There’s been plenty of talk about using securitization to finance solar energy, but to date, no deals; the Department of Energy’s National Renewable Energy Laborator wants to jumpstart the process.

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Deals issued pre-crisis are past their most perilous years but structural flaws could still prove hazardous for investors.

Until recently private student loans were the laggards in the recovery of the U.S. securitization market, but demand is picking up.

There’s been plenty of talk about using securitization to finance solar energy, but to date, no deals; the Department of Energy’s National Renewable Energy Laborator wants to jumpstart the process.

Standard & Poor's Sounds Alarm on Covenant-Lite Loans in CLOs

Westgate Resorts plans to issue $140 million of notes backed by timeshare mortgage financings via its Westgate Funding 2013-1 securitization deal.

Turkish Catastrophe Insurance Pool (TCIP) issued a $400 million catastrophe bond Bosphorus 1 Re Ltd. Series 2013-1.

Stephen Mathews took the role of managing director of GC Securities, the firm said today in a press release. He is based in New York.

Air Canada priced its first enhanced equipment trust certificates, the $714.5 million Air Canada Pass Through Certificates, Series 2013-1, on Thursday.

First Capital closed its $283 million securitization of senior secured working capital loans to small and mid-sized private companies.

SeaCo plans to issue a $200 million marine container lease backed securitization deal that will be rate by Standard & Poor’s.