Add RG&E Storm Funding to the crop of utility cost recovery charge securitizations coming to the capital markets this week, ...
RMBS portfolios have limited exposure to loans in ZIP codes that were included in LA County's mandatory evacuation zones, ...
The GMALT 2025-1 securitization has just 24.4% of contracts with original leases longer than 36 months. It's the lowest level ...
Residential customers made up 70.1% of NYSEG's sales revenue, while commercial and industrial customers account for the other ...
Debt service coverage ratio triggers, including cash trapping and rapid amortization, will provide much of the credit ...
Collateralized loan obligation activity should increase despite higher-for-longer rates and liability management exercises.
The deal has a step-up coupon feature that calls for the fixed rates on classes A1, A2 and A3 to increase by 100 basis points ...
Tenants also have a high average credit quality, with 75.9% of them having at least an investment grade rating, and lease assets underlying the class A notes have a loan-to-value (LTV) ratio limited ...
Unlike previous FIGRE deals where overcollateralization provided credit support to the notes, FIGRE Trust 2025-HE1 has a class G composed of principal-only notes that provide the credit support.
Investors and analysts see pockets of value in asset-backed securities, as elevated fiscal policy uncertainty and wariness ...
Deal production has been a bright spot, but delinquencies could soon reach record highs, especially for office CMBS.
The A2B notes in TAOT 2025-A will make up 75% of total class A2 notes, a much higher percentage of floating-rate A2B notes ...