The fund closes ahead of separate news that it formed the Private Real Estate Credit platform, which will originate senior ...
Fitch notes that 74.8% of the collateral pool, made up entirely of 3,103 loans, is backed by trucking—or transportation—equipment.
Excess cash flow will pay timely interest and protect against realized losses in the rated certificates before being paid out ...
The deal also offers a subordination piece that represents 14% of the pool balance, helping to boost the credit to the notes.
Total delinquencies as a percentage of John Deere's managed portfolio was 3.06%, an increase since 2022. That aligns with the ...
BHG 2025-1CON will sell $297.2 million in securities to investors, through five tranches of class A,B, C, D, and E notes. All the notes have a legal final maturity date of April 17, 2036, say analysts ...
Servicers—Citadel, NewRez and Selene Finance—will not advance any delinquent principal and interest. Eventually, that should ...
Investment properties are the primary properties backing the collateral pool, at 80.3%, while second homes account for 19.7% ...
There is also a trigger embedded in the deal, attached to cumulative net losses that would set off a full turbo payment.