Student loan lender Nelnet is in the market with a $660 million FFELP-backed asset-backed transaction.
Preliminary details on the SLABS are available via the link below from the ASR Scorecard database.
More From Asset Securitization Report
Nelnet sells $1.5 billion in student loan ABS
Most of the capital structure will pay fixed-rates to noteholders, except for the A1B notes, which offers floating-rate notes pegged to the one-month SOFR.
Toyota enters market with jumbo prime auto ABS
Uncertain economic impact from government actions could drive disruptions
By
John Hintze
Hedge-fund veterans do rare SRT deal in emerging-market risk
The transaction will free up as much as $500 million for loans in Latin America and the Caribbean to help alleviate poverty and protect the environment.
ECMC Group Student Loan places $353.6 million in student loan ABS
This is ECMC's first securitization of a pool of rehabilitated loans since 2021.
Securitization volume roars out of the gate in Q1 2024
New originations exceeded last year's tally by 30.5%, despite concerns about how rates might impact consumer financial strength. Auto ABS production revved up overall performance.
