UBS Commercial Mortgage Securitization Corp. has filed a form S-3 with the Securities and Exchange Commission (SEC) to issue a CMBS transaction, according to filing made yesterday
For a complete copy of this SEC filing, please click this link.
Insurers' unfunded significant risk transfers should meet a set of extra solvency criteria to ensure stability if policymakers back the most lenient bank-capital treatment.
The agency says the subprime auto lender pledged the same car loans to several lenders and bond deals at once, leaving investors owed about $945 million.
The aircraft assets will be prefunded, otherwise, the proceeds will refinance 15 vintage aircraft.
The guidance removes structural, compliance and cost barriers for certain operators who were used to doubling down on cautionary measures to ensure deal execution.
The American Bankers Association, Bank Policy Institute and Securities Industry and Financial Markets Association submitted comment letters to the Securities and Exchange Commission arguing that a proposed change to Form S-3 eligibility would make it more difficult for some banks to access the capital markets.