ASR Update

Published September 3, 2014 3:13 PM

Updated September 3, 2014 3:13 PM

2:54

In this week's newscast, Credit Unions may soon have the ability to securitize auto loans, and Los Angeles County takes steps to restart its residential PACE program.

ABS

TRENDING

Securitization

Fiber network provider Zayo Group's latest ABS floats $2.3 billion

Zayo Issuer, series 2026-1 and 2026-2, uses a master trust structure that will initially issue five tranches of classes A, B and C notes, and can issue additional classes if they meet certain conditions.

By Donna M. Mitchell

April 11
Treasurys

US Treasuries fall as inflation data erode Fed rate-cut wager

The setback pared a weekly gain for US government bonds sparked by an April 8 ceasefire agreement, which caused oil prices to tumble from near multiyear highs.

April 10
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

April 10