Latest news
Latest news
Last week EQT priced $985m of industrial paper to fund an acquisition
UK bank is selling a $548.27m issue
Deal refinances three banks' loans for $1.3bn acquisition
More articles
-
Springleaf Financial, the consumer lending arm of Fortress Investment Group, has privately placed its second residential mortgage deal of the year.
-
The Heron City Loan securitized in White Tower Europe 2007-1 has been granted a standstill extension until Dec 31, with another to follow until Sep. 30 2013 if certain conditions are met, according to a filing from special servicer Hatfield Philips.
-
Two properties underlying Deutsche Bank’s 2007 commercial mortgage-backed securities trade DECO 12-UK 4 were sold in recent weeks.
-
Fitch Ratings says it is in the process of extending its rating methodology for commercial mortgage-backed securities in Europe, the Middle East and Africa, to insurers and other non-bank firms.
-
Morgan Stanley is shopping MSC 2012-STAR, a new single-asset commercial mortgage-backed securities deal, at price guidance of 125-130 basis points over swaps for the A-2 senior class of bonds—a tightening of 20-25 basis points from the last single asset to be priced.
-
Goldman Sachs has agreed to pay $26.6 million to investors that charged in a class action that the investment bank misrepresented the mortgage-backed securities it sold to them.
-
Avis Budget Rental Car Funding has completed an offering of $690 million asset-backed securities, the proceeds of which will be used to refinance ABS debt maturing in 2013 with a blended interest rate of roughly 5%.
-
Angelo Gordon is preparing to launch the AG Securitized Asset Recovery Fund, which will invest in residential and commercial mortgage-backed securities.
-
Long-term arrears in U.K. nonconforming residential mortgage-backed securities have improved from their peak of nearly 21% in 2009, decreasing to around 16%, according to Barclays.