The deal will sell two series of notes from a new master trust, secured by revenues from three data centers in Phoenix and ...

Add RG&E Storm Funding to the crop of utility cost recovery charge securitizations coming to the capital markets this week, ...

All the class A notes benefit from total initial hard credit enhancement totaling 21.0% of the pool balance. Classes B, C and D benefit from 17.0%, 11.5% and 6.5%, respectively.

RMBS portfolios have limited exposure to loans in ZIP codes that were included in LA County's mandatory evacuation zones, ...

The GMALT 2025-1 securitization has just 24.4% of contracts with original leases longer than 36 months. It's the lowest level ...

Residential customers made up 70.1% of NYSEG's sales revenue, while commercial and industrial customers account for the other ...

Collateralized loan obligation activity should increase despite higher-for-longer rates and liability management exercises.

Debt service coverage ratio triggers, including cash trapping and rapid amortization, will provide much of the credit ...

The deal has a step-up coupon feature that calls for the fixed rates on classes A1, A2 and A3 to increase by 100 basis points ...

Tenants also have a high average credit quality, with 75.9% of them having at least an investment grade rating, and lease assets underlying the class A notes have a loan-to-value (LTV) ratio limited ...

Deal production has been a bright spot, but delinquencies could soon reach record highs, especially for office CMBS.

Unlike previous FIGRE deals where overcollateralization provided credit support to the notes, FIGRE Trust 2025-HE1 has a class G composed of principal-only notes that provide the credit support.