By tweaking one aspect of its methodology for rating securitizations, Moody’s Investors Service has set the stage for more downgrades of deals issued out of peripheral Eurozone countries.
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SeaCube Containers plans to issue a $300 million container lease ABS deal called CLI Funding V LLC (Series 2013-2).
June 6 -
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Kroll Bond Rating Agency (KBRA) has assigned preliminary ratings to the JP Morgan/Barclays’ $1.34 billion CMBS conduit, JPMBB 2013-C12.
June 5 -
Covered bonds backed by loans to small and medium-sized enterprises have gained traction in Europe as and alternative to bank financing and other debt instruments, according to Moody's Investors Service.
June 5 -
The Securities and Exchange Commission approved a plan to overhaul regulation of money market funds, which are some of the biggest buyers of asset-backed commercial paper.
June 5
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American Money Management Corp.’s latest collateralized loan obligation includes a $240 million delayed draw tranche, according to Fitch Ratings.
June 5 -
GLG Ore Hill and Anchorage Capital are each planning a $400 million collateralized loan obligation.
June 4 -
Standard & Poor’s said today that Raith Capital is set to become a more active buyer of B-piece paper in CMBS deals.
June 4 -
Delinquencies on commercial mortgages that back securities inched up in May as resolutions fell, according to Trepp.
June 4 -
The Pennsylvania Higher Education Assistance Agency is prepping a $583 million securitization of Federal Family Education Loan Program loans, according to Standard & Poor’s.
June 4 -
PHH Corp. is in the market with a $450 million auto lease-backed securitization called Chesapeake Funding LLC, Series 2013-1 – its debut deal for 2013.
June 4 -
The Carlyle Group priced a 300 million collateralized loan obligation, demonstrating that regulatory concerns haven't shut the European pipeline down.
June 3