Mariner launches inaugural consumer ABS offering
Mariner Finance, a consumer finance company with 200 branches in the US, has launched a debut ABS offering backed by unsecured personal loans.
Leads Wells Fargo and Goldman Sachs increased the size of the deal from $225m to $275m on February 15, with the $231m ‘A’ notes launching at 200bp over interpolated swaps. The $24.2m ‘B’ notes were launched at 300bp over IS, while the $19.8m ‘C’ notes were ...
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