ABS

Proceeds from the sale of the bonds will be used to replenish and fund Entergy New Orleans' storm recovery reserves that had been depleted after Hurricane's Zeta and Ida.

As the US economy veered toward the biggest inflation shock in four decades, investors flocked to the one corner of Wall Street that seemed a sure-fire refuge.

Loans with FICO scores less than 680 make up a smaller percentage of the pool, at 13.0%, compared with 18.2% for the Mosaic 2022-2.

US producer prices rose in November by more than forecast, driven by services and underscoring the stickiness of inflationary pressures that supports Federal Reserve interest-rate increases into 2023.

Regulators look set to reserve their harshest interventions for firms caught making misleading statements about climate strategies, according to JPMorgan Chase.

Early amortization triggers and the use of cross-currency swaps will support the timely repayment of notes on the hybrid private and rule 144a deal.

More recent OMFIT securitizations have experienced increasing 30+ delinquencies as well as annualized net loss rates.

The pact binds them to act together in negotiations with the company, a move meant to prevent the kind of nasty creditor fights that have complicated other debt restructurings in recent years.

The notes also face a credit challenge because there is no mandatory repurchase of modified loans.

Proceeds from the sale of the bonds will be used to replenish and fund Entergy New Orleans' storm recovery reserves that had been depleted after Hurricane's Zeta and Ida.