The $120 million deal is larger than the inaugural transaction from 2023, and includes expandable notes, plus a 36-month ...

Delinquency rates for consumer ABS have been rising for several quarters, and the trend is expected to continue at least for ...

Underlying borrowers have accumulated significant amount of home equity in their homes, to a weighted average (WA) original ...

The trust features early amortization event triggers, including excess spread percentages falling below the required amount ...

Sagard Private Credit Fund's private credit investments will consist mainly of private loans originated by Sagard with ...

The notes can withstand breakeven default levels of 73.38%, 57.8%, 40.71% and 34.17%, respectively. Those levels surpass the ...

The collateral pool is the largest in a year from the securitization program, whose yields are expected to range from 4.75% ...

Further, the assets have a loan-to-value ratio of about 52%, with a cashflow that can withstand large haircuts.

The senior tranche will sell a mix of floating and fixed-rate notes, benefiting 22.5% in credit support. The class B notes ...

A unique convergence of several macroeconomic events with persistent financing demand from underserved borrowers and housing ...

All the notes, which are fixed rate, have an Aug. 18, 2031 final maturity date, DBRS said. The transaction will repay ...

The class A and B notes will receive cash distributions to reduce the interest payment amount and any interest carryforward.