The trust features early amortization event triggers, including excess spread percentages falling below the required amount ...

Underlying borrowers have accumulated significant amount of home equity in their homes, to a weighted average (WA) original ...

The notes can withstand breakeven default levels of 73.38%, 57.8%, 40.71% and 34.17%, respectively. Those levels surpass the ...

Sagard Private Credit Fund's private credit investments will consist mainly of private loans originated by Sagard with ...

The senior tranche will sell a mix of floating and fixed-rate notes, benefiting 22.5% in credit support. The class B notes ...

Further, the assets have a loan-to-value ratio of about 52%, with a cashflow that can withstand large haircuts.

Delinquency rates for consumer ABS have been rising for several quarters, and the trend is expected to continue at least for ...