ABS

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.

Investors brace for more FTX-like blowouts in the private equity industry and expect a good year for investment grade credit, survey shows.

The deal also differs from other bank-sponsored, CLN transactions in that the rating agency will not limit the ratings to SBNA's long-term counterparty risk rating.

European banks are snapping up large pieces of their own collateralized loan obligations, keeping the market for CLOs afloat in the absence of the U.S. and Japanese banks.

Rule 15c2-11's public disclosure requirements could inhibit Rule 144A issuers unless addressed.

Florida is pulling about $2 billion from BlackRock, the largest anti-ESG withdrawal announced by a U.S. state, as Republicans ramp up their ESG fight.

Securitization production for 2022 is expected to experience a 13% decrease compared with 2021, and the declining trend is expected to continue for 2023.

Members of the Brazos Electric Power Cooperative seek to recoup cost outlays from the fallout of Winter Storm Uri in 2021 the latest Texas utility to do so.

Jerome Powell signaled a slowdown in the pace of tightening as early as December, while indicating more hikes to fight inflation. Bond yields slumped with the dollar.

The catalog itself is valued at $4.1 billion, easily the largest portfolio value among the securitization industry's recent music royalty transactions.

The right to collect a tariff from some 650,000 retail electricity service customers in the Dallas-Fort Worth area will secure the ratepayer backed bonds.

For hotel mortgage-backed securities, Fitch expects a better outlook, with the 2023 delinquency rate not expected to return to its pandemic peak of 18.4%.

Stabilization in the leveraged loan and high yield bond markets has led to an opening for deals as banks try to reduce debt on their balance sheets before the holidays.

Should Exeter Finance fail to uphold its obligations as servicer, then Citibank will step in as the deal's backup servicer.

After its foray into entity, framework and instrument ESG ratings, Fitch will offer ratings on a range of structured notes including solar ABS, RMBS and CMBS. 

Corporate borrowers will consider tapping bond and loan markets in the coming week as lending costs drop and investors snap up debt ahead of 2022's close.

Kapitus will issue expandable term notes, where at any time during the revolving period it has the ability to issue additional notes, up to $500 million.

US mortgage rates retreated sharply for a second week, hitting a two-month low and providing a bit of traction for the beleaguered housing market.

The uptick in cash balances might indicate the challenges issuers are facing originating new loans for reinvestment in commercial real estate CLOs.