Catastrophe bonds come with risk and unique advantages as some call the asset class "the holy grail" of investments.
There is a three-year revolving period when the transaction will not make any principal payments to the notes unless an early ...
The deal comes about 18 months after Maritime Partners completed its securitization of Jones Act shipping business revenue, ...
GFORT 2024-4 has an interest rate mismatch between the assets and the issued notes, which could reduce excess spread in the ...
WASHINGTON — Elon Musk said the Consumer Financial Protection Bureau should be eliminated, calling the bureau an example of "too many duplicative regulatory agencies." The call comes after Marc ...
The market expects 5.2% yields on the AAA-rated tranche, slightly tighter than the 5.1% seen on the AAA-rated notes on an earlier deal, the Affirm Asset Securitization Trust, 2024-B series.