Donna M. Mitchell

International locations account for 13.3% of restaurants in the whole business securitization, a slight increase from 11.4%.

LSRMF3 Acquisitions Investments is sponsoring the deal, slated to close on November 21, will issue notes through seven tranches of class A, M and B notes, according to the rating agencies. The notes benefit from credit enhancement levels of 30.45%, 24.3%, 13.8%, 8.65%, 5.00% and 2.05% on the A1, A2, A3, M1, B1, B2 and B3 tranches, respectively. All the notes are fixed rate.

Ford Credit Auto Owner Trust is preparing to issue $1.3 billion in asset-backed securities (ABS) secured by revenue from a pool of retail installment auto contracts on new and used auto, light truck and utility vehicles.

Fogarty will represent a range of clients, including private equity sponsors, private capital lenders, financial institutions and asset managers in complex structured and securitization transactions.

The collateral pool is static, with no reinvestment period. There are no concentration limits, and the loans have a weighted average remaining term of 4.6 years, KBRA said.

Pivot-HASI's portfolio consists of 96 projects, most of which are community solar facilities. Single off-take power purchase agreements for commercial clients make up the rest.

Pivot-HASI's portfolio consists of 96 projects, most of which are community solar facilities. Single off-take power purchase agreements for commercial clients make up the rest.

Some recent performance deterioration in Volkswagen's managed portfolio vintages and securitization pools helped account for the increase in expected CNL losses, Moody's said. VALET 2024-1 can be upsized to $1.5 billion, with the same capital structure as the initial principal note amount, Moody's said.

Initially, the notes benefit from a reserve fund that equals 0.50% of the pool balance; overcollateralization, which represents 10.60% of the pool balance; and subordination.