Capital & Funding
Fed group lays out path for securitized issuers to ditch Libor
The Federal Reserve-backed group guiding the implementation of the Secured Overnight Financing Rate has given securitized debt issuers a map...
Unify Financial Credit Union becomes second CU to enter auto ABS market
Credit union securitizations have gotten off to a slow start. In the four years since the National Credit Union Administration...
Bank mergers send stocks higher as investors crave more deals
Last time several regional banks tried to do big deals, their investors weren’t always on board. Now, regional bank M&A...
Semiconductor chip shortage to prop up auto ABS transactions
The global semiconductor chip shortage, which has slowed production of new vehicles across the auto industry, should drive consumers to...
Carvana injects $881M into ABS market with two deals
Carvana has made its entry into the capital markets for the first time in this year with two deals totaling...
US auto startups on track for $350M of funding this year
Funding for U.S. auto startups has been strong right out of the gate this year. Through early March, four companies...
Arivo Acceptance in ‘expansion mode’ on heels of second securitization
Subprime lender Arivo Acceptance is in growth mode after its second entrance into the auto asset-backed securities market and increasing...
Amazon-backed EV-maker Rivian aims for IPO this year
Rivian Automotive Inc., the electric-vehicle startup backed by Amazon.com Inc. and Ford Motor Co., is looking to go public as...
