The senior tranche will sell a mix of floating and fixed-rate notes, benefiting 22.5% in credit support. The class B notes ...
Delinquency rates for consumer ABS have been rising for several quarters, and the trend is expected to continue at least for ...
Further, the assets have a loan-to-value ratio of about 52%, with a cashflow that can withstand large haircuts.
Sagard Private Credit Fund's private credit investments will consist mainly of private loans originated by Sagard with ...
The note balance can be upsized to $1.2 billion in auto ABS, according to Moody's Ratings, and the pool size can be increased to 26,514 contracts.
The collateral pool is the largest in a year from the securitization program, whose yields are expected to range from 4.75% ...