Issuance of new U.S. collateralized loan obligations is likely to level off after ‘skyrocketing’ in the first quarter, according ot Fitch Ratings.

Pramerica has adjusted the structure of a €300 million CLO it priced this month, presumably to reflect the fact that an unusually large portion of the collateral is in fixed-rate bonds, as opposed to floating rate loans.

Seix Investment Advisors is returning to the CLO market for the first time since the financial crisis with a $400 million deal.

Franklin Templeton Investments announced that David Zahn has been promoted to Head of European Fixed Income.

North Carolina’s Joint Underwriting Association and Insurance Underwriting Association issued $500 million Series 2013-1 notes via a new catastrophe bond shelf program, Tar Heel Re.

The Structured Finance Industry Group has 55 members and counting. The new trade organization’s website now has a link to all of those who have joined the group.

Credit Acceptance Corporation is coming down the pike with a $140 million securitization of subprime auto loans, according to a presale from Kroll Bond Ratings.

Global Tower Partners is readying a $245 million securitization of cell towers, according to a presale report from Fitch Ratings.

Freddie Mac is back marketing its multifamily CMBS this year, the $1.2 billion K-026 certificates.

Despite a weaker economy, defaults on European structured finance notes issued before the financial crisis remain well below those of comparable U.S. deals, according to Standard & Poor’s.

Cronos Containers will issue a $200 million securitization backed by a portfolio of sea containers, according to Standard & Poor’s.