ABS pipeline cools after 14 deals priced

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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