News For PHH From The Last 14 Days Check below for free stories on PHH the last two weeks.
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February 8, 2010
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| 12:14 EDT |  | PHH |
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January 28, 2010
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| 08:49 EDT |  | PHH |
| theflyonthewall.com: | PHH announces closing of C$363M offering backed by certain fleet lease assets | | PHH announced the closing on January 27 of a series of transactions resulting in the sale of certain fleet lease assets originated and serviced by PHH Vehicle Management Services, the Company’s indirect wholly-owned Canadian fleet management business, to Fleet Leasing Receivables Trust, which, in turn, issued and sold approximately C$363M of senior Series 2010-1 Asset-Backed Notes backed by the PHH VMS fleet lease assets. FLRT is a Canadian special purpose trust established and administered by PHH VMS for the purpose of acquiring, disposing of and administering fleet leases and borrowing funds or issuing securities to finance the acquisition of such assets. :theflyonthewall.com |
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