NEW YORK, April 15 (IFR) - A new report from Moody's says
several provisions in the comprehensive housing finance reform
bill proposed by US Senators Tim Johnson and Mike Crapo would
help spur issuance in private-label RMBS.
NEW YORK, April 9 (IFR) - Kabbage, a start-up that
specializes in financing for small online merchants, has raised
USD270m from a credit facility backed by receivables that will
dramatically lower the cost of its funding and pave the way for
the company to expand.
NEW YORK, March 27 (IFR) - GM Financial is pre-marketing its
first ever auto-lease ABS in a market lacking supply after a
burst of issuance last week.
NEW YORK, March 6 (IFR) - Toyota is prepping the first-ever
"green bond" in the US auto ABS market, which will be used to
finance future loans and leases of hybrid, electric and
NEW YORK, Feb 24 (IFR) - Cisco Systems is set to
raise US$8 billion from a seven-tranche bond - the biggest
investment-grade bond deal of the year. It is also the second
largest bond issued by a technology company after Apple's
US$17 billion deal in 2013, according to IFR data.
NEW YORK, Feb 19 (IFR) - The stabilized vacancy rates for
the single-family home rental properties backing the first-ever
REO-to-rental securitization from Blackstone's Invitation Homes
unit were higher than that predicted by the issuer.
NEW YORK, Oct 29 (IFR) - Fitch said Tuesday that it will not
consider giving its highest AAA rating to securitized products
based on single-family rentals (SFR), as the first such deal
gets ready to come to market.
Aug 9 (IFR) - Troubled retailer JC Penney saw its credit
default swaps (CDS) widen on Friday after another round of
wrangling over the company's future and its next chief
NEW YORK, July 26 (IFR) - Investors aggressively bid on a
fresh supply of asset-backed securities (ABS) this week, hoping
to take advantage of slightly juicier spreads before they
inevitably tighten again.
NEW YORK, June 24 (IFR) - The US structured finance market
came to a standstill on Monday as the continued spike in
Treasury yields gave rise to a fresh bout of deal-execution
uncertainty in the primary market and pushed investors to the
sidelines in the secondary market.