Revolving Ginkgo ABS set to price next week

Moody’s has published the provisional rating of French consumer loan finance deal FCT Ginkgo Sales Finance Compartment 2013-1, the first from the programme that is backed by a revolving pool of loans. Crédit Agricole said it will market the deal from Thursday this week with a view to pricing it in the second half of next week.

  • By Will Caiger-Smith
  • 29 Nov 2013

On Wednesday Moody's assigned provisional ratings to the €657m notes issued by FCT Ginkgo Sales Finance 2013-1, an ABS backed by a portfolio of French consumer loan receivables.

Syndicate bankers at sole lead, Crédit Agricole said the deal would be marketed from this Thursday until Monday next week. ...

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