Fitch takes shots at booming whole business ABS

Fast food obesity hamburger from Adobe 230x150
By Max Adams
10 Dec 2019

Fitch Ratings this week issued an unsolicited commentary on the whole business securitization market, a sector that has grown rapidly and which the agency sees as luring investors with “overstated benefits” despite investment grade ratings.

Whole business ABS has boomed in 2019, hitting an all-time record of 12 deals for a total of nearly $9bn. Many of these have been from veteran issuers, including Domino’s Pizza and Dunkin' Brands, but a number of the active names in 2019 have been first timers ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.