Crédit Ag look to repeat RMBS success

By Asad Ali
04 Apr 2018

Following a strong first quarter, April's new issue European ABS pipeline kicked off on Wednesday with the announcement of a $1.15bn French RMBS from Crédit Agricole, FCT Crédit Agricole Habitat 2018.

The deal is the second public securitization of French home loans by Crédit Agricole following its debut in February last year. 

Only one other French RMBS was seen in the market in 2017 — the €673m re-offer of non-standard prime RMBS, SapphireOne Mortgage FCT 2016-3 from GE Money ...

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