Securitization

Ascentium Capital Completes Seventh Securitization

Ascentium Capital issued a $237 million small-ticket equipment securitization, its seventh since 2012. read more

Ascentium Capital Completes Seventh Securitization

Kroll Bond Rating Agency assigned preliminary ratings to six note classes of Ascentium Equipment Receivables 2017-1 Trust. read more

ENGS Commercial Finance Closes $100MM ABS Warehouse Facility

Engs Commercial Finance closed a $100 million securitization warehouse facility with the Bank of Montreal as lender and BMO Capital Markets as agent. read more

Westlake Financial Issues Largest Ever ABS at $700MM

Westlake Financial issued a $700 million asset-backed securitization backed by $748.7 million of automotive loans. read more

Ascentium Capital Receives Second Equipment Lease Re-Securitzation

Kroll assigned ratings to three note classes of Securitized Equipment Receivables Trust 2017-1, supported by the residual certificates from the Ascentium Capital Equipment Receivables 2015-2 Trust transaction. read more

Fintech Lender Kabbage Prices $525MM Securitization

Kabbage, an online financial services, technology and data platform, today priced $525 million of fixed-rate, asset-backed notes in a private securitization transaction. read more

Stonebriar Closes Third Securitization for $340MM

Stonebriar Commercial Finance closed its third securitization transaction for approximately $340 million. read more

GreatAmerica Completes 16th Term Securitization Since Inception

GreatAmerica Financial Services completed its 16th term securitization of $493.2 million of privately placed bonds with institutional investors. read more

Kroll Assigns Ratings to SCF Equipment Contract Backed Notes

Kroll Bond Rating Agency assigned preliminary ratings to four note classes of SCF Equipment Leasing 2017-1 equipment contract backed notes, series 2017-1. read more

Floreat Group Cements Aviation Finance Standing Via Securitizations

The London-based Floreat Group is embarking on a securitization program, which will include a first issuance of up to $175 million in December linked to a portfolio of four leased Airbus A330s. read more

Fitch Affirms CIT Group’s Long-Term IDR at ‘BB+’, Outlook Stable

Fitch Ratings affirmed the long- and short-term issuer default ratings for CIT Group and CIT Bank at 'BB+/B' with a stable rating outlook. read more

Navistar Financial Amends/Extends Funding Notes

Navistar Financial amended and extended its variable funding notes facility to November 18, 2017. The facility was also reduced from $500 million to $450 million. read more

Blackbird Closes $800MM Aircraft ABS to Refinance Warehouse Debt

Blackbird Capital I closed an $800 million securitization backed by a portfolio of 19 aircraft which will used to refinance existing warehouse debt. read more

Apollo Aviation Will Gain $640MM through 35 Aircraft Securitization

The Irish Times reported that Apollo Aviation will gain $640 million by securitizing 35 aircraft leased to carriers that include American Airlines. read more

Engs Closes $198.6MM Equipment Securitization

Engs Commercial Finance closed a $198.6 million equipment securitization on November 4, 2016 through Engs Commercial Finance Trust 2016-1. read more

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