-
Wyle Laboratories is in the market with refinancing that cuts the size of its existing facilities in half.
-
Wyndham Worldwide is offering its first securitization of timeshare loans for 2010, the $250 million Sierra Timeshare 2010-1 Receivables Funding.
-
Neil McPherson has been promoted to global head of structured finance at Markit.
-
Markit will tomorrow launch a synthetic total return swap index in North America referencing the interest-only component of 30-year fixed-rate, un-securitized residential mortgages.
-
Carmine Urciuoli, co-head of global credit at Cantor Fitzgerald, has left the group.
-
Asset-backed securities investment firm Queen’s Walk Investment will continue to sell its Portuguese AAA residential mortgage-backed securities exposure.
-
CW Capital plans to file Friday a motion to dismiss a case brought by David Tepper’s Appaloosa Management that aims to hold up the foreclosure of $3 billion of debt used to acquire Peter Cooper Village/Stuyvesant Town in New York.
-
Advisors Asset Management plans to add an emerging markets team as it grows its institutional fixed-income platform.
-
The Federal Deposit Insurance Corp. today priced its second securitization of seized bank assets.
-
The U.K.’s Financial Services Authority has urged banks to diversify their sources of funding, through debt issuance or securitization, to prepare for a future funding gap.