Securitization

Loan modifications and expenses have reduced available interest and net weighted average coupon (WAC) rates in the deal.

Unlike most aircraft securitizations, Gilead 2025-1 uses a mortgage amortization style, de-levering at a lower rate compared to a more typical straight-line payment style.

Bessent had repeatedly criticized then-Treasury Secretary Janet Yellen for boosting the share of bills in US debt.

Any loan that is more than 120 days delinquent becomes a stop-advance loan, a designation that prevents interest leakage to bondholders.

Private equity firms are buying stakes in sports teams more frequently, at the same time that more stadiums are being built or renovated.

While SoFi uses a third-party servicer for both of those product types, it services its entire consumer loan portfolio.

As an investment, cat bonds have drawn attention in recent years after far exceeding returns on other high-risk fixed-income markets.

Borrowers to test court restrictions as record liability management exercises volume continues

The 4th aviation ABS this year indicates a busy year ahead for the sector.

Uncertain economic impact from government actions could drive disruptions