Socram picks banks for French autos
Socram Banque has mandated BNP Paribas and Natixis for a securitisation backed by French auto loans, which will hit the road after the May Day bank holiday. The deal will be issued Titri Socram 2011-1.
The bank structured a Eu405m retained deal in 2009, and last came to the public securitisation market in 2005.
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