Tenants also have a high average credit quality, with 75.9% of them having at least an investment grade rating, and lease assets underlying the class A notes have a loan-to-value (LTV) ratio limited ...
Residential customers made up 70.1% of NYSEG's sales revenue, while commercial and industrial customers account for the other ...
Unlike previous FIGRE deals where overcollateralization provided credit support to the notes, FIGRE Trust 2025-HE1 has a class G composed of principal-only notes that provide the credit support.
Debt service coverage ratio triggers, including cash trapping and rapid amortization, will provide much of the credit ...
The deal has a step-up coupon feature that calls for the fixed rates on classes A1, A2 and A3 to increase by 100 basis points ...
WASHINGTON — Bank groups in all 50 states, plus Puerto Rico, asked Treasury Secretary Scott Bessent to choose Federal Reserve Gov. Michelle Bowman as the central bank's vice chair for supervision in a ...
Years of southbound migration driven by capital and housing affordability challenges were bound to reverberate through the commercial mortgage-backed securities sector. Now, analysts say the movement ...
Called collateral from various series increased to 6.0%, from 4.0%, while weighted average seasoning increased to 3.15 months from 2.82 months.