| MANAGER ACTIVITY | ||||
| Full Credit to Book (Equal if Joint) U.S. Public ABS Market/144A Market | ||||
| STRANDED COST ABS | ||||
| Managers | Proceeds (mils) | Rank | Mkt. Share | # of Issues |
| – | – | – | – | – |
| Total | – | – | – | – |
| Source: Thomson Financial | ||||
More From Asset Securitization Report
Bankers Healthcare gets set to raise almost $400 million in ABS
The deal continues BHG's more recent streak of securitizing loans collateralized exclusively by consumer loans. The deal is the program's sixth term 144A securitization backed by consumer loans.
DailyPay prepares to sell $200 million in ABS
The fintech integrates with payroll systems of employers to arrange early access to earned wages for its customers.
Billboard provider Adams Outdoor raises $765.1 million
A cash trap provision calls for half of available funds to be deposited into the cash trap reserve sub-account if the debt service coverage ratio (DSCR) is between 1.35x and 1.275x.
AIP’s narrowbody fleet to back $643 million in ABS
Classes A, B and C benefit from credit enhancement levels of 26%, 17% and 13%, respectively and have an initial loan-to-value ratio of 74%, 83% and 87%, respectively.
GreenSky’s deferred home improvement loans support $500 million
The deal has a two-year revolving period, scheduled to end in June 2028, when collections from the asset pool can be used to purchase new economic participations.
