According to a new report, DBRS Morningstar has a stable credit rating outlook across U.S. asset-backed securities (ABS) for 2023. Across commercial ABS, DBRS Morningstar reported stable rating outlooks for the agricultural finance and equipment lease sectors, among others. read more
JAN 10, 2023 - 7:19 am
Although it was held virtually, the ELFA/IMN Investors’ Conference focused on a theme of the slow but steady emergence from the COVID-19 pandemic. Equipment-backed ABS has experienced a “bright start” in early 2021 and volume is expected to return to near-normal levels. ... read more
May 2021
Balboa Capital closed its seventh equipment asset-backed securitization, a $201 million issuance. Truist Securities served as structuring agent and was an initial purchaser of the notes and co-lead along with Credit Suisse Securities. read more
NOV 3, 2020 - 6:50 am
DBRS confirmed 11 ratings on securities issued by three equipment lease and loan securitization transactions sponsored by Balboa Capital Corporation. read more
MAY 19, 2020 - 6:25 am