Accord Financial closed its first private securitization facility at $100 million. This private securitization provides term financing for a discrete amortizing pool of small business loans originated by Accord. read more
DEC 17, 2021 - 6:00 am
TIP, a portfolio company of I Squared Capital, established a new pan-European asset-backed securitization facility for its operational lease portfolio. The senior facility amounts to €200 million ($226.28 million) with a two-year tenor and is provided by Rabobank and Commerzbank. read more
DEC 14, 2021 - 6:28 am
Atalaya Capital Management completed the securitization of equipment leasing assets from its Atalaya Equipment Leasing Fund I, an approximately $300 million fund dedicated to originating and acquiring leases typically backed by equipment. read more
DEC 10, 2021 - 6:27 am
Channel completed its first securitization, a $105 million issuance of asset-backed notes collateralized by small business loans and advances across a range of industries. read more
DEC 8, 2021 - 6:21 am
According to Kroll Bond Rating Agency’s 2022 European structured finance sector outlook, inflationary pressure could lead to rising interest rates in 2022, which could crease a positive environment for securitization issuance. read more
DEC 6, 2021 - 6:20 am
Commercial Equipment Finance (CEFI) closed a $90.9 million asset-backed security transaction. The company will use the proceeds to pay down existing warehouse lines and for general corporate purposes. read more
DEC 2, 2021 - 6:16 am
Dext Capital closed its second asset-based securitization for approximately $150 million. Kroll Bond Rating Agency rated the securitization (DEXT 2021-1) as investment grade. read more
DEC 1, 2021 - 6:09 am
Kroll Bond Rating Agency forecasts approximately $300 billion in new ABS issue volumes in 2022, down slightly from the record amount of supply estimated to price in 2021. read more
NOV 30, 2021 - 6:22 am
Kroll Bond Rating Agency assigned preliminary ratings to two classes of notes for AASET 2021-2 Trust, an aviation ABS transaction. AASET 2021-2 is sponsored and serviced by Carlyle Aviation Management Limited. read more
NOV 22, 2021 - 6:39 am
Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by Dext ABS, 2021-1, an equipment asset-backed securitization transaction from Dext Capital. The pool of equipment contracts backing Dext ABS 2021-1 has a discounted pool balance of $158.83 million. read more
NOV 5, 2021 - 6:33 am
DLL closed DLLMT 2021-1, a U.S. securitization transaction issuing notes totaling $1 billion. The notes are backed by loans and leases secured with construction, transportation and industrial-related equipment. read more
NOV 4, 2021 - 6:18 am
Pawnee Leasing, a subsidiary of Chesswood Group, closed its $356 million marketed U.S. securitization of receivables. read more
OCT 27, 2021 - 6:19 am
Commercial Credit Group, an independent commercial equipment finance company, closed a 144a privately-placed term asset-backed security (ABS) transaction. The $319.395 million financing was placed with a group of fixed income investors, representing 24 unique institutions. read more
OCT 21, 2021 - 6:47 am
GreatAmerica Financial Services completed its 21st issuance of $513.8 million in privately placed bonds with institutional investors. This issuance of asset-backed bonds secured by a pool of leases followed an earlier placement of $631.5 million in February of this year. read more
OCT 11, 2021 - 6:15 am
KBRA assigned senior unsecured ratings of A- with negative outlook to $750 million 1.950% senior notes due 2026 to be issued by Aviation Capital Group (ACG), an aircraft leasing company headquartered in Newport Beach, CA. read more
SEP 16, 2021 - 6:25 am