ABS

A corporate treasurer looking to issue new notes would likely have to pay interest that's about 156 basis points higher on average than the coupons on existing securities.

The current collateral pool carries loans with shorter terms, shorter periods of seasoning, and higher non-zero credit scores, compared with Westlake 2022-2.

Principal distributions allow for amortization of all senior and subordinate bonds based on credit enhancement targets set for performing and nonperforming loans.

U.S. equity futures advanced with government bonds, signaling a potential recovery at the end of a tumultuous week in markets.

Despite the concentration of imaging equipment, those types of equipment have generally outperformed other equipment types within the GreatAmerica portfolio.

After landing in Florida as the second-strongest storm on record, Ian is now is expected to re-strengthen and menace South and North Carolina and Georgia.

Bonds sold to help U.S. utilities recoup losses from natural disasters are seeing an unprecedented boom, with the latest burst of issuance generated by the deadly February 2021 storm that paralyzed Texas.

Reach Financial's consolidation loans make up 34.8% of the collateral pool, compared with 13.3% in Reach 2022-1, with fewer loans in the lower-risk tier.

Proceeds will cover transaction fees and expenses, mainly, but could also be applied to general corporate purposes, including future brand acquisitions.

The central bank is still pretending that its policies won't hurt much. That's not a good sign.