Channel, a lender specializing in equipment finance and working capital, completed its third working capital backed securitization, a significant milestone for the company. The $85 million issuance of asset-backed notes is collateralized by small business loans and advances across a wide range of industries. read more

JUL 10, 2023 - 7:12 am

Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by MassMutual Asset Finance Equipment Finance 2023-A (MMAF 2023-A), MassMutual Asset Finance’s 19th equipment ABS transaction. read more

JUL 6, 2023 - 6:54 am

Kroll Bond Rating Agency assigned preliminary ratings to four classes of Series 2023-1 notes issued by CPC Asset Securitization II, which will issue four classes of Series 2023-1 notes totaling $85 million. This represents Channel Partners Capital’s third small business ABS securitization. read more

JUN 16, 2023 - 6:02 am

North Mill Equipment Finance won the GlobalCapital US Securitization Award for ABS Deal of the Year for 2022 for its NMEF 2022-A equipment loan securitization. read more

JUN 14, 2023 - 6:58 am

Vedder Price represented Maritime Partners as sponsor in MP 2023-1, a term securitization transaction involving the issuance of $235.3 million of secured vessel notes secured by a portfolio of 316 inland marine barges and towboats. read more

JUN 1, 2023 - 7:06 am

According to a report from Kroll Bond Rating Agency UK, there has been an increase in the amount of hybrid and battery electric vehicles included within securitization collateral pools in the European auto market. read more

JUN 1, 2023 - 6:50 am

DLL closed DLLMT 2023-1, the company’s second U.S. securitization transaction this year, issuing notes totaling $850 million. The transaction was rated F1+/P-1 or AAA/Aaa by Fitch Ratings and Moody’s, respectively. read more

MAY 25, 2023 - 7:02 am

GreatAmerica Financial Services closed its 23rd securitization of $549.277 million in privately placed bonds. S&P Global Ratings and Fitch Ratings rated 93.4% of the bonds in the transaction as AAA, the same as the company’s six prior transactions. read more

MAY 25, 2023 - 7:01 am

Standard & Poor’s Global Ratings upgraded its ratings on several tranches of BJETS 2020-1 and BJETS 2021-1 ABS notes, which are part of Global Jet Capital’s securitization program. read more

MAY 19, 2023 - 7:03 am

Kroll Bond Rating Agency assigned preliminary rates to five classes of notes issued by Octane Receivables Trust 2023-2, a powersports equipment loan ABS transaction from Octane Lending. OCTL 2023-2 will issue five classes of notes totaling $300 million. read more

MAY 12, 2023 - 7:04 am

Dext Capital closed on Dext ABS 2023-1, the company’s third securitization and its largest to date. The $293 million transaction secured orders from 15 new investors and 22 in total. read more

APR 11, 2023 - 6:52 am

Kroll Bond Rating Agency upgraded all tranches of notes issued in Global Jet Capital’s Business Jet Securities (BJETS) 2020-1 and BJETS 2021-1 transactions by one rating notch. read more

MAR 30, 2023 - 7:15 am

Commercial Credit Group finalized a $397.08 million term asset-backed security transaction. The securitization was placed with a group of fixed income investors from 34 institutions. BofA Securities served as structuring agent and lead bookrunner. read more

MAR 21, 2023 - 7:04 am

Standard & Poor’s Global Ratings placed the notes issued in two of Global Jet Capital’s asset-backed security transactions on CreditWatch with positive implications. read more

MAR 2, 2023 - 7:23 am

Castlelake, an alternative investment manager, fully repaid Castlelake Aircraft Securitization Trust 2015-1R, an aircraft-backed securitization originally issued by Castlelake in 2015 and refinanced in 2019. read more

MAR 1, 2023 - 7:15 am