asreport.americanbanker11h
Wyndham Consumer Finance returns to raise $325 million on timeshare ABS
The notes can withstand breakeven default levels of 73.38%, 57.8%, 40.71% and 34.17%, respectively. Those levels surpass the ...
asreport.americanbanker1d
NextGear floats $328.6 million in dealer floorplan receivables
The senior tranche will sell a mix of floating and fixed-rate notes, benefiting 22.5% in credit support. The class B notes ...
asreport.americanbanker1d
Amid consumer stress, ABS adapts and holds the line
Delinquency rates for consumer ABS have been rising for several quarters, and the trend is expected to continue at least for ...
asreport.americanbanker2d
Concord returns to raise $850 million to refi music royalty bonds
Further, the assets have a loan-to-value ratio of about 52%, with a cashflow that can withstand large haircuts.
asreport.americanbanker2d
Sagard private credit fund opens to high-net-worth individuals
Sagard Private Credit Fund's private credit investments will consist mainly of private loans originated by Sagard with ...
asreport.americanbanker6d
BMW sells $1 billion in ABS, backed by truck and car leases
The note balance can be upsized to $1.2 billion in auto ABS, according to Moody's Ratings, and the pool size can be increased to 26,514 contracts.
asreport.americanbanker7d
Dell Equipment Finance prepares to raise $1 billion
The Dell Equipment Finance program is issuing $1 billion in equipment asset-backed securities (ABS), to be repaid from a pool of commercial leases and loans mainly on technology-related equipment and ...