Why Egan-Jones bet on its ill-fated NRSRO application

Use the previous and next buttons or keyboard arrows to navigate between slides.

News & Analysis

ABF

Data center securitizations aren’t ABS, SEC says — what happens now?

Data center securitizations historically have resulted in the creation of asset-backed securities — no surprises there. But after a law firm’s lobbying nudged the SEC to concede that certain deals are outside the traditional legal definition of ABS, the future for the asset class is both far more open and a bit murkier than ever before.

14 Aug 2026

| US

News & Analysis

ABF

Excess Spread — Does it compute, taking care of Business

Ok fine if someone is going to announce a credit financing as large as a substantial country’s GDP, we need to cover it. On Monday after market hours Nvidia dropped its release on “AI compute infrastructure platforms to mobilize over $500bn of third party capital”, confirming the FT’s reporting from earlier in the day.

14 Aug 2026

| Europe

News & Analysis

ABF

Distressed

Private Credit

MFS investors including Raja’s stepson were repaid ahead of collapse

Individual investors who had lent money to Market Financial Solutions — including MFS CEO Paresh Raja’s stepson, the Deutsche Bank high-yield credit trader Rihan Dewan — received their money back last December in the run-up to the bridging lender’s high-profile collapse amid fraud allegations, according to court documents.

12 Aug 2026

| Europe

News & Analysis

ABF

Credit curveball — MLB lockout threat clouds debt outlook, as Apollo signs Yankees deal

As the baseball season drags on through the dog days of August, Major League Baseball and thousands of professional ballplayers inch closer to an unpleasant reckoning: it is highly unlikely that the league and the players’ union will reach a new collective bargaining agreement before the current one expires in early December.

11 Aug 2026

| US

News & Analysis

ABF

Private Credit

Arini launches first ABF fund

London-based credit hedge fund Arini Capital Management is rolling out its first dedicated asset-based finance fund, according to 9fin sources.

10 Aug 2026

| Europe

News & Analysis

ABF

LevFin

Carvana tries refi following earnings turnaround

What a difference several years makes. When we first reported on Carvana back in 2022, the online used car retailer was raising pricey unsecured debt to fund an acquisition against a post-Covid backdrop of shrinking customer demand, inflation and rising interest rates.

10 Aug 2026

| US