AFG ABS seeks to raise $136.8 million in equipment ABS
AFG ABS will repay the notes on a sequential-pro rata basis, and classes A-1 and A-2 will repay note interest on a pro rata basis.
Transportation industry
Railcar lease firm InStar marks debut in ABS with $267.5M deal
The startup firm, backed by hedge fund capital, is pooling more than half of its managed railcar portfolio for the single-A rated transaction.
By
Glen Fest
BMO Harris revives transportation finance ABS of former GE unit
The $533 million Transportation Equipment Trust (TFET) 2019-1 is the first-ever transport finance business securitization serviced and sponsored by BMO Harris' commercial bank, which picked up the business from GE Capital in 2015.
By
Glen Fest
