Focus cooks up $800m whole biz ABS

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By Sasha Padbidri
13 Mar 2017

Focus Brands, which operates chains such as Auntie Anne's Pretzels and Cinnabon, is preparing to tap the market for whole business ABS, which industry participants at SFIG Vegas earlier this month said could see a resurgence in deal volume this year from both seasoned and first-time issuers.

The sector, which experienced a lull in issuance in 2016, saw renewed primary activity last month with a debut deal from TGIF Funding. Sources noted that more businesses are interested in tapping the ABS market this year, but both veterans and first timers must figure out if securitization ...

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