Zurich Insurance Group said today that it issued a 3-year, $270 million catastrophe bond called Lakeside Re III.
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EverBank’s planned $308 million residential mortgage-backed securitization may offer investors access to a new issuer name; but the structuring stays in line with safe, prime quality deals that have dominates post financial-crisis market issuance.
March 20 -
Volvo priced $622 million of notes backed by transportation equipment loans and leases according to a person familiar with the transaction.
March 20 -
Barclays is preparing a $1 billion whole business securitization for CKE Restaurants, the parent company of Carl’s Jr. and Hardee’s, according to a person familiar with the situation.
March 20 -
JP Morgan is planning to issue a $616 million private label residential mortgage securitization, according to a presale report from Fitch Ratings.
March 20 -
Fifth Third priced $500 million of notes backed by auto loans; a $155 million, triple-A class with a WAL of 1.15 years priced at nine basis points over the Eurodollar synthetic forward rate;
March 20
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The U.S. Department of Energy's (DOE)’s National Renewable Energy Laboratory (NREL) has formed a new working group with the goal to securitize solar PV assets and associated cash flows in the capital debt markets.
March 20 -
General Electric Capital Corp. priced $900 million of notes backed by credit card notes backed by credit card receivables on Tuesday afternoon, according to a U.S. Securities and Exchange Commission filing.
March 20 -
Container Applications is planning to sell $229 million of notes backed by container leases, according to a presale report published by Standard & Poor’s.
March 19 -
Single asset/single borrower deals continue to dominate the CMBS pipeline this week with another two deals, for a combined $1.43 billion planned this week.
March 19 -
Fifth Third Bank is in the market with $500 million of notes backed by prime retail auto loans, according to rating agency presale reports; it is the lender's first securitization since 2008.
March 19 -
Standard & Poor's preliminarily rates the $252m senior piece single-A.
March 19 -
The private student loan default rate remains higher than pre-recession levels despite decreasing year over year in 2013, according to Moody’s Investors Service.
March 19