ASR News Update

Published May 29, 2013 4:26 PM

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Updated May 29, 2013 4:26 PM

3:04

ASR_5_29_13

TRENDING

Student loan ABS

Sallie Mae raises $2.3 billion in SLABS from its Smart Option pool

The deal will issue floating-rate notes, through the A-1B tranche, while underlying variable-rate loans are pegged to either CME Term SOFR or the 30-day average SOFR.

By Donna M. Mitchell

2h ago
Inflation

Energy prices drive up inflation by 0.9% in March

A 21.2% spike in the price of gasoline was the biggest contributor to a 0.9% increase in the Consumer Price Index in March, according to a Friday report from the Bureau of Labor Statistics. The agency said other price increases were largely contained.

By Ebrima Santos Sanneh

7h ago
Securitization

Clarus Capital's second equipment ABS deal will offer $310.1 million

The sophomore outing follows a similar structure as the Clarus 2024-1, with six tranches of class A, B, C, D and E notes. The A2 tranche will issue the bulk of notes, $165.4 million.

By Donna M. Mitchell

April 9

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