Credit unions are packaging more auto loans into bonds as rates rise
Four years ago, a credit union sold a bond backed by auto loans for the first time. This year, more ...
Tag: bonds
Europe’s carmakers are competing with retail banks for deposits
Some of Europe’s biggest carmakers are looking more and more like retail banks. Renault, Volkswagen and BMW are among those ...
McLaren raises $150 million from shareholders with cash low
McLaren Group Ltd. has turned to its shareholders once again to keep the company afloat as the British luxury carmaker ...
Ford raising $8 billion of junk bonds after virus spurs loss
Ford Motor Co. is taking its first drive through the high-yield market in years, looking to shore up liquidity after ...
Stocks rebound on stimulus hopes, Biden’s surge: Markets wrap
Stocks rebounded as investors digested a surprise in the U.S. presidential primary and weighed the potential for more of a concerted effort ...
Aston Martin is shopping for expensive junk
The maker of Aston Martin sports cars is considering raising cash from an expensive corner of the bond market. The ...
Ally Financial scores investment-grade rating
Ally Financial’s long-term default rating has reached investment-grade status after an upgrade by Fitch Ratings, thanks to a boost in ...
Scary Bonds From Last Crisis Were the Best Place to Hide in 2018
Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, U.S. Photographer: Michael Nagle/Bloomberg The ...
