Tighter ARD terms considered after Abu Dhabi-linked ABS issuer missed deadline

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Tighter ARD terms considered after Abu Dhabi-linked ABS issuer missed deadline

Chadwick Van Estrop
August 04, 2025 10:42 AM
Smartphone with logo of American company Fortress Investment Group LLC on screen in front of business website. Focus on left of phone display.
The majority equity stake in Fortress was bought by a consortium led by Abu Dhabi’s sovereign wealth fund in a deal which closed last year

Fortress must pay principal before penalty interest under terms of 2020 deal  

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Chadwick Van Estrop
Senior Reporter - U.S. Securitization
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