UMB will be the trustee and collateral administrator on Manhattan-headquartered StepStone Group's $300 million middle-market CLO, its debut CLO, for which Wells Fargo was arranger and sole bookrunner.
Moody's Ratings anticipates a benign U.S. economic environment in 2025 that will broadly support the consumer and commercial assets backing securitizations, if at relatively weak levels, and assets ...
The first residential-transition-loan (RTL) securitization from Groundfloor Finance is structured to give investors a significant premium over traditional RTL asset-backed securities (ABS), the firm ...
Northwestern Mutual Life Insurance Co. is refinancing an existing $426.3 million CLO that was originally issued in December 2022 and pools broadly syndicated loans (BSLs). S&P Global Ratings says in a ...
The Federal Reserve is entering a "new phase" in its approach to monetary policy, and uncertainty related to policy shifts by the incoming Trump administration is playing a role. The central bank ...