ABS pipeline cools after 14 deals priced

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By Jennifer Kang
24 Jun 2019

The ABS primary market showed no signs of slowing down last week as the market rolled into summer, with issuers pricing a whopping 14 deals consisting mostly of auto ABS, two credit card ABS and a variety of esoterics.

It was the second consecutive week in which new issuance volume exceeded $6bn, bringing the total 2019 volume to at least $126bn.

Harley Davidson issued a deal for the first time since 2016, this time around focusing on prime quality borrowers rather than offering loans down the credit spectrum ...

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