ABS versus the volcano: the ash loses
European dealflow is gaining speed and diversity despite this week’s travel gridlock. Three private placements were announced this week, including a rare CMBS and Eu4bn of RMBS from Fortis, while Lloyds Banking Group will shortly begin a roadshow for its Arkle master trust and Volkswagen Financial Services is marketing a Spanish auto ABS. Read EuroWeek on Friday to learn how the restrictions on flight are affecting the deal roadshows.
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