Further, the assets have a loan-to-value ratio of about 52%, with a cashflow that can withstand large haircuts.
Sagard Private Credit Fund's private credit investments will consist mainly of private loans originated by Sagard with ...
All the notes, which are fixed rate, have an Aug. 18, 2031 final maturity date, DBRS said. The transaction will repay ...
The class A and B notes will receive cash distributions to reduce the interest payment amount and any interest carryforward.
The note balance can be upsized to $1.2 billion in auto ABS, according to Moody's Ratings, and the pool size can be increased to 26,514 contracts.
Notes benefit from overcollateralization of 2.60% of the initial pool. Subordination and a sequential payment priority will ...
A unique convergence of several macroeconomic events with persistent financing demand from underserved borrowers and housing ...
The collateral pool is the largest in a year from the securitization program, whose yields are expected to range from 4.75% ...
Credit enhancement on the notes includes 3.5% in excess spread, subordination of the class M notes equaling 3.%, and a ...
The proposed FDIC guidelines would impose stricter governance and risk management standards on banks with over $10 billion in ...
In a potential credit drawback, TALT 2024-B has a residual value setting of 51.3% of the manufacturer's price. It was less ...
The collateral has subprime credit attributes, the credit quality of the Westlake 2024-3 pool was incrementally better than ...