Edition:
United States

Analysis Headlines

Fitch Assigns Final Ratings to APOLLO Series 2017-2 Trust

(The following statement was released by the rating agency) SYDNEY, September 27 (Fitch) Fitch Ratings has assigned final ratings to APOLLO Series 2017-2 Trust's mortgage-backed floating-rate notes. The issuance consists of notes backed by first-ranking Australian residential, full documentation mortgage loans originated by Suncorp-Metway Limited (SML, A+/Stable/F1). The ratings are as follows: AUD1,380.00 million Class A1 notes: 'AAAsf'; Outlook Stable AUD30.00 million Class A2 notes: 'AAAsf';

Fitch Assigns Final Ratings to OSCAR US 2017-2

(The following statement was released by the rating agency) TOKYO, September 26 (Fitch) Fitch Ratings has assigned final ratings to the notes to be issued by OSCAR US Funding VII LLC. The transaction is ultimately backed by a pool of auto loan receivables originated by Orient Corporation (Orico) in Japan. The final ratings are as follows: USD62.0 million Class A-1 notes (initial credit enhancement (CE): 86.7%*): 'F1+sf'; USD89.3 million Class A-2a notes (initial CE: 48.1%*): 'AAAsf'; Outlook Sta

Fitch Assigns Ratings to Eclipx-MIPS Member Finance Trust

(The following statement was released by the rating agency) SYDNEY, September 25 (Fitch) Fitch Ratings has assigned ratings to Eclipx-MIPS Member Finance Trust's asset-backed senior facility. The issuance is backed by loans originated by Eclipx Commercial Pty Limited. The ratings are as follows: AUD44.4 million Senior Facility Agreement: 'AAAsf'; Outlook Stable; The senior facility will be issued by Perpetual Trustee Company Limited in its capacity as trustee of the Eclipx-MIPS Member Finance Tr

Fitch Assigns Final Ratings to Mercedes-Benz Auto Finance's Silver Arrow China 2017-2

(The following statement was released by the rating agency) HONG KONG/SHANGHAI, September 22 (Fitch) Fitch Ratings has assigned final ratings to Silver Arrow China 2017-2 Retail Auto Loan Asset Backed Notes Trust's fixed-rate notes. The issuance consists of notes backed by Chinese automotive-loan receivables originated by Mercedes-Benz Auto Finance Limited (MBAFC), a directly and indirectly wholly owned subsidiary of Daimler AG (A-/ Stable/F2). This is MBAFC's second auto-loan ABS transaction ra

Fitch Assigns Expected Ratings to Sansar Trust Aug 2017

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Sansar Trust Aug 2017 https://www.fitchratings.com/site/re/903925 HONG KONG/BEIJING, September 21 (Fitch) Fitch Ratings has assigned expected ratings to Sansar Trust Aug 2017's fixed-rate pass through certificates (PTCs). The issuance consists of notes backed by commercial vehicle loans originated by Shriram Transport Finance Company Limited (STFCL), which also acts as the servicer for the transaction. The

Fitch Assigns Expected Ratings to Sansar Trust Sep 2017 II

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Sansar Trust Sep 2017 II https://www.fitchratings.com/site/re/903864 HONG KONG/BEIJING, September 20 (Fitch) Fitch Ratings has assigned expected ratings to Sansar Trust Sep 2017 II's pass-through certificates (PTCs) fixed-rate notes. The issuance consists of notes backed by commercial-vehicle loans originated by Shriram Transport Finance Company Limited (STFCL), which also acts as the servicer for the tran

Fitch Assigns Final Ratings to MTF Sierra Trust 2017

(The following statement was released by the rating agency) SYDNEY, September 14 (Fitch) Fitch Ratings has assigned final ratings to MTF Sierra Trust 2017's automotive-backed floating-rate notes. The issuance consists of notes backed by automotive loan receivables originated by Motor Trade Finance Ltd (MTF). The ratings are as follows: NZD194.04m Class A notes: 'AAAsf'; Outlook Stable NZD7.33m Class B notes: 'AAsf'; Outlook Stable NZD6.42m Class C notes: 'Asf'; Outlook Stable NZD2.93m Class D no

Fitch Assigns Expected Ratings to Mercedes-Benz Auto Finance's Silver Arrow China 2017-2

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Silver Arrow China 2017-2 Retail Auto Loan Asset Backed Notes Trust https://www.fitchratings.com/site/re/902540 HONG KONG/SHANGHAI, September 12 (Fitch) Fitch Ratings has assigned expected ratings to Silver Arrow China 2017-2 Retail Auto Loan Asset Backed Notes Trust's fixed-rate notes. The issuance consists of notes backed by Chinese automotive-loan receivables originated by Mercedes-Benz Auto Finance Lim

Fitch Assigns Final Ratings to Sansar Trust Jun 2017

(The following statement was released by the rating agency) HONG KONG/BEIJING, September 08 (Fitch) Fitch Ratings has assigned final ratings to pass-through certificates (PTCs) from Sansar Trust Jun 2017. The issuance consists of notes backed by commercial-vehicle loans originated by Shriram Transport Finance Company Limited (STFCL), which also acts as the servicer for the transaction. The ratings are as follows: Sansar Trust Jun 2017 INR6.5 billion Series A PTCs due January 2022: 'BBB-sf'; Outl

Photo

Senate backers of deal to stabilize Obamacare seek to build support

WASHINGTON Proponents of a bipartisan deal struck by two U.S. senators to stabilize Obamacare were seeking on Wednesday to win Republican support for the measure, which would restore subsidies to health insurers that President Donald Trump has scrapped.