Whole biz ABS riskier than oil and gas deals, Fitch says

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By Jennifer Kang
20 Feb 2020

Investors hungrily eyeing two esoteric ABS subsectors — one booming, the other nascent — may want to look take a second look, as Fitch Ratings this week warns that whole business securitizations are a riskier bet than the budding oil and gas ABS sector.

On Thursday, Fitch issued a commentary comparing the operating risks between oil and gas ABS and whole business securitizations, both sectors that have entered the spotlight recently for the high yields on offer. The two have clear differences, said Fitch managing director Gregory Kabance, but are similar in ...

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