Credipar, a subsidiary of Banque PSA Finance, plans to issue the first investor-placed French auto ABS of the year, the 470 million AUTO ABS FCT Compartiment 2013-2.
Citibank plans to issue a follow up to its early May issue according to a deal prospectus filed with US Securities and Exchange Commission yesterday.
The new issue auto ABS pipeline this week includes an as-yet unsized deal from Toyoto Motor Credit, its second deal of 2013.
World Omni Financial Corp. plans to issue a $903.8 million from its World Omni Auto Receivables Trust program.
The pace of student loan asset-backed securitization is on track to beat Standard & Poor's expectations for full-year 2013.
For the U.S. market, the lessons of European regulatory simplicity could be key to reviving other sectors of securitization outside the consumer ABS asset classes.
Securitization pros have had to constantly come up with new deal structures to respond to challenges posed by the ongoing financial crisis. Nowhere is this more obvious than in CMBS.
HARP is the only active program that allows homeowners who are underwater to refinance.
U.S. structured finance players are exploring new frontiers.
Dodd-Frank Act's call for the creation a self-regulatory organization to assign new ratings was mostly panned by structured-finance industry participants.