Catastrophe bonds come with risk and unique advantages as some call the asset class "the holy grail" of investments.
The Consumer Financial Protection Bureau has long been a target for conservative ire, but dismantling it would require Congress' cooperation.
The market expects 5.2% yields on the AAA-rated tranche, slightly tighter than the 5.1% seen on the AAA-rated notes on an earlier deal, the Affirm Asset Securitization Trust, 2024-B series.
There is a three-year revolving period when the transaction will not make any principal payments to the notes unless an early ...
The deal comes about 18 months after Maritime Partners completed its securitization of Jones Act shipping business revenue, ...
GFORT 2024-4 has an interest rate mismatch between the assets and the issued notes, which could reduce excess spread in the ...
Upgrade Receivables Trust, 2024-1, is preparing to issue $299 million in asset-backed securities to investors, secured by ...
Andrew Winer, corporate systems and information manager for Myers Industries ...