Securitization

Incremental to a $1.8 billion global revolving credit facility completed in May, it could boost the company's lender-driven debt capital capacity to $9.7 billion in total.

Data4's steps to raise funding comes after Britain's Vantage Data Centers last month completed the first-ever asset-backed securitization deal for data centers in Europe.

This is Stream Innovations Inc.'s inaugural 144a securitization, which has ratings of A-, BBB- and BB- to the A, B and C notes, partially based on respective credit enhancement levels of 20.50%, 14.45% and 8.50% respectively.

Electronification of trading could fundamentally alter loan and CLO markets.

Compared with transactions from other issuers with similar collateral characteristics, the underlying pool has a relatively higher weighted average FICO score, Moody's Ratings says.

The loan portfolio has international diversification across industries.

Fitch Ratings views home price values in the non-prime mortgage pool as being 11.3% above a long-term sustainable level.

Securitizations face fewer complications under the Corporate Transparency Act (CTA) but missed filings can incur stiff penalties.

High quality consumer loans enhance the collateral pool.

The inaugural sub-prime auto loan ABS is primarily backed by used car and light-truck/sports utility vehicle loans.

The 45% charge provides an interim step toward a longer-term risk-based capital schema for insurers.

The securitization from the Boston-based fintech was "significantly oversubscribed," according to the company.

Fitch Ratings views home price values in the non-prime mortgage pool as being 11.1% above a long-term sustainable level.

The trust's sixth issue of the year is backed by higher-income borrowers.

The collateral is a single loan secured by first-priority mortgages in a pool of 2,070 single-family homes.

Stubborn inflation is expected to work its way down, but combined with higher-for-longer interest rates, consumers are feeling the effects differently across the credit spectrum.

The deal benefits from excess spread, overcollateralization, and senior/subordinate enhancements.

KBRA says there is notable borrower equity in the properties collateralizing the mortgages, which is reflected in the weighted average original loan-to-value ratio of 71.7%.

The booming loan and CLO markets could face hurdles unless merger & acquisition activity picks up.

The deal structure also features a two-year revolving period, followed by a full-turbo amortization phase.