The notes can withstand breakeven default levels of 73.38%, 57.8%, 40.71% and 34.17%, respectively. Those levels surpass the ...
The senior tranche will sell a mix of floating and fixed-rate notes, benefiting 22.5% in credit support. The class B notes ...
Further, the assets have a loan-to-value ratio of about 52%, with a cashflow that can withstand large haircuts.
Sagard Private Credit Fund's private credit investments will consist mainly of private loans originated by Sagard with ...
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.
Delinquency rates for consumer ABS have been rising for several quarters, and the trend is expected to continue at least for ...
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 ...
Americor Funding, a debt management company which offers unsecured loans to consumers, is raising $105.9 million in asset-backed bonds through the AMCR ABS Trust, series 2024-A. Credit9 is the sponsor ...
Hometap Equity Partners recently raised $278 million from the securitization market, in a deal backed by revenue from a pool of home equity investment (HEI) products. It is the Boston-based company's ...
Private credit residential mortgage securitizations backed by relentless demand from underserved, higher net worth borrowers is attracting more diverse asset-based finance investors and continues to ...