Hudsons Bay Co. of Toronto, the owner of the Saks Fifth Avenue chain, plans to securitize a $1.25 billion loan secured against the ground beneath the retailer's 611 Fifth Ave.,650,000-square-foot flagship store in midtown Manhattan.
-
First City Financial plans to securitize a much smaller pool of non performing commercial real estate loans in its third securitization.
March 23 -
Capital One is marketing $500 million of three-year notes backed by credit card receivables, according to Fitch Ratings.
March 23 -
Ocwen Financial is fighting back against a group of large bondholders that have accused the Atlanta mortgage servicer of improper servicing practices and an alleged breach of trust.
March 23 - Europe
The Federal Reserve clarifies that foreign banks can hold CLOs that don't comply with the Volcker Rule.
March 23
-
Issuance volume of asset-backed securities for the year through March 20, 2015.
March 22
-
-
Barclays priced $1.3 billion of securities backed by two large loan CMBS deals secured by mall properties, according to a Standard & Poor report.
March 20 -
Ford Motor Credit priced its $1.6 billion prime auto loan ABS, Ford Credit Auto Owner Trust 2015-A, according to a regulatory filing.
March 20 -
JG Wentworth is marketing $213 million of bonds backed by structured settlement payments, according to a presale report from DBRS.
March 20 -
Ally Financial is marketing $986.60 million of auto-lease backed securities, adding to what has been a busy first quarter for this sector.
March 20 -
GMAC U.K., General Motors U.K. based company, plans to add Personal Contract Purchase leases to its latest E-CARAT transaction.
March 19 -
Wells Fargos $711 million CMBS conduit features a heavy concentration of loans with single tenant exposure.
March 19