UK ABS investors lay low in August, but prep September comeback
The UK ABS market has slowed with the rest of Europe in August, with fewer investors participating in recent deals. But sources said September is primed for a strong comeback.
Investors in the UK have been presented with a deluge of paper in the run up to the seasonal August slowdown. Deals this summer have been consistently oversubscribed, with spreads driven tighter than issuers’ guidance levels.But the market in August has quieted. This was demonstrated in the ...
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