| BRIEF-Moody's reviews for upgrade AmeriCredit subprime auto loan ABS from 2011 |
ReutersFeb 6 (Reuters) - Moody's Investors Service has placed on review for possible upgrade, twelve subordinate tranches from three 2011 subprime auto loan transactions sponsored by AmeriCredit Financial Services, Inc (AmeriCredit).
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| GATI v. AMERICREDIT FIN. |
Leagle.com{¶ 2} Prior to this litigation, in March 2009, Americredit filed a replevin action against Gati and Galemmo, seeking possession of Gati's vehicle. In October 2009, Galemmo answered and counterclaimed, asserting a claim for relief based on alleged ...
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| US STRUCTURED FINANCE: Discover, AmeriCredit, PFS price ABS transactions |
International Financing ReviewBank of America Merrill Lynch (structuring lead) and Royal Bank of Canada priced on Wednesday the US$1bn Discover Card Execution Note Trust 2012-A1 credit-card backed ABS. The offering was increased in size to US$1bn from US$500m due to investor demand ...
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| GM Financial announces $1.0bn senior subordinate asset-backed securitization |
Asset Finance International (subscription)GM Financial uses net proceeds from securitization transactions for long-term financing of its receivables. The securities will be issued via an owner trust, AmeriCredit Automobile Receivables Trust 2012-1, in seven classes of Notes.
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| GM Financial Announces $1.0 Bln Senior Subordinate Asset-Backed Securitization |
NASDAQThe securities will be issued via an owner trust, AmeriCredit Automobile Receivables Trust 2012-1, in seven classes of Notes. The 2012-1 transaction will have initial credit enhancement of 7.75%, consisting of a 2.00% cash deposit and 5.75% ...
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| Barclays Cuts Yields On $1 Billion General Motors Subprime ABS |
Fox BusinessDemand for the GM Financial assets--sold under registration of AmeriCredit, the General Motors Co. (GM) unit's former name--reached down to the lowest-rated portion of the deal, said Brian Wiele, head of Barclays Capital's securitization syndicate for ...
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| BARCLAYS PLC : UPDATE : Barclays Cuts Yields On $1 Billion General Motors ... |
4-traders (press release)Demand for the GM Financial assets--sold under registration of AmeriCredit, the General Motors Co. (GM) unit's former name--reached down to the lowest-rated portion of the deal, said Brian Wiele, head of Barclays Capital's securitization syndicate for ...
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