The Long Island Power Company is marketing its much anticipated utility bond that will offer a total of $2.1 billion of notes backed by payment from retail electric customers in LIPAs service area.
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Volkswagen increased its auto lease VWALT 2014-A ABS by $500 million to $1.5 billion on the back of strong investor interest.
February 7 -
More than 65 investors participated in Freddie Mac latest Structured Agency Credit Risk deal, an oversubscribed offering of credit protection on a $31 billion reference pool of mortgages.
February 7 -
New York regulators halted Ocwen Financial's (OCN) deal to buy a mortgage servicing portfolio from Wells Fargo (WFC) out of concern that the nonbank is growing too fast.
February 6
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Over four fifths of the collateralized loan obligations reporting to Standard & Poors have at least one asset in their underlying portfolio that is not a loan.
February 6 -
CNH Capital America is in the market with its first equipment lease securitization this year, according to a deal term sheet filed with the Securities Exchange Commission.
February 6 -
Bank of America priced its first credit card securitization in nearly four years at tighter spreads to competitors even though the offering was more than doubled the size, to $1.75 billion from $750 million originally
February 6 -
Barclays head of covered bond structuring, Americas, Riz Sheikh is among the people let go by the bank during its latest round of layoffs.
February 6 -
Credit Suisse, Barclays, and JP Morgan are the lead underwriters on the transaction dubbed The deal, Fifth Third Auto Trust 2014-1.
February 6 -
Demand for catastrophe bonds and other insurance linked securities far outstrips supply, with predicatable results.
February 6 -
The European Commissions proposed new Bank Recovery and Resolution Directive (BRRD) will have the most impact on covered bonds in 2014, becasue the bonds are not be subject to a so-called bail-in", said Standard & Poors.
February 6