Price thoughts released for BNPP Autonoria
Leads managers have released initial price thoughts for Autonoria 2012-1, a securitisation of French car loans originated by BNP Paribas Personal Finance, and have indicated they will keep books open until early next week.
BNP Paribas, ING, Lloyds and Santander GBM have gone out with price thoughts of one month Euribor plus 85bp area for the 434m A tranche. Leads will price the deal on either Tuesday or Wednesday next week, after holidays on Monday across much of continental Europe.
Bankers on the
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