Tag
asset-backed securities
2 articles

AI GPU Debt Enters ABS Market as Wingspire Closes $407M Deal
Equipment lenders are packaging AI infrastructure loans into securities. Wingspire's latest deal reached $407 million with 18 percent AI collateral, earning AAA ratings and drawing fivefold oversubscription.

AI Capex Boom Pressures Equipment ABS Spreads — $550B Build Drives Credit Repricing
Hyperscalers' $550 billion annual capex push is flooding the equipment-backed securities market, compressing spreads and forcing fixed-income investors to demand higher compensation for duration risk.