Analysts at Bank Of America Merrill Lynch said in a report this week that macro economic events coupled with deteriorating underwriting standards in CMBS and a heavy issuance calendar has led to more tiering in CMBS pricing in recent weeks.
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Ally Bank priced $1.1 billion of securities backed by prime auto leases.
October 17 -
Citigroup and Goldman Sachs priced $652.3 million of commercial mortgage backed securities issued via the CGCMT 2014-GC25 conduit.
October 17 -
Pricing on Western Riverside Council of Governments' (WRCOG) HERO Funding Trust 2014-2 is cheaper than the issuers inaugural deal. The 10.6-year bond yielded 4% compared to 2014-1 , which issued very similarly structured notes and yielded investors 4.75%.
October 16 -
Volkswagen priced $1.0 billion of securities backed by auto loans, according to a regulatory filing
October 16 -
International commodities trading company Trafigura plans to issue a $300 million trade receivables securitization.
October 16
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The leveraged loan market may have hit the pause button, but at least three U.S. managers were marketing collateralized loan obligations this week, according to rating agency presale reports.
October 16 -
UBS and Citigroup plan to issue $335 million in commercial mortgage backed securities backed by a single loan that is secured by 1500 Broadway, a 506,412 square foot, 33-story, Class A high-rise office/retail building in New York Citys Time Square.
October 16 -
Northpoint Commercial Finance is marketing its first ever securitization, a $216 million transaction backed by dealer floorplan receivables.
October 16 -
Deutsche Bank and Cantor Fitzgerald plan to issue $1.2 billion of commercial mortgage backed securities via COMM 2014-CCRE20.
October 16 -
Demand for commercial real estate and business loans continued to rebound in many regions of the country over the past six weeks, the Federal Reserve Board said Wednesday.
October 15 -
The Western Riverside Council of Governments is preparing its second securitization of PACE bonds, according to a presale report published by Kroll Bond Rating Agency.
October 15 -


