S&P Global’s auto ABS deal ratings rise 25%
Credit rating agencies rated 24% more auto ABS deals during the first half of 2023 compared with a year ago ...
Tag: Fitch Ratings Agency
GM renews $2B credit line for GM Financial
General Motors has renewed its $1.95 billion, 364-day revolving credit facility for the “exclusive” use of its captive finance arm ...
Fintech Startups Pose Risk to Lenders, Analyst Warns
Photo via Gideon Benari | Flickr As lenders increasingly look to fintech companies to facilitate loan origination, one analyst warned ...
GM Financial Issues $1.25B Securitization to Jumpstart 2019
© Can Stock Photo / Elwynn GM Financial has kicked off 2019 auto asset-backed securitization activity with a $1.25 billion ...
Fitch Forecasts Subprime Auto ABS to Weaken in 2019
While prime auto lease and loan asset-backed securitizations are projected to remain stable, Fitch Ratings Agency expects the outlook for ...
High Demand Single-B Bond Ratings Show Stability, According to Rating Agencies
ABS East 2018, Fontainebleau, Miami Beach MIAMI -- Investor demand for single-b rated bonds and willingness to issue these bonds ...
Honda Finance’s Late-Stage Delinquencies Rise
American Honda Finance Corp.'s late-stage delinquencies rose 28% year over year to 1.21% of outstandings through June 2018, including a ...
Auto ABS Recoveries to Deteriorate if Incentive Spend Continues
Photo via Gideon Benari | Flickr Auto loan and lease ABS will experience worsening recoveries and heightened performance pressures ...
