Global reinsurance consolidation

Category: ABS CLOs CMBS

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Sector developments and company hires

HATS 2016-1 redeemed

KBRA has withdrawn its ratings from Honor Automobile Trust Securitization 2016-1, after the notes were paid in full on 17 June. Given the remaining pool factor was less than 20% of the cut-off date pool balance, the servicer exercised its option to purchase the trust property and redeem the notes.

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