Chenavari-owned Dutch consumer ABS offered

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By Tom Brown
03 Jul 2020

Qander Consumer Finance, owned by hedge fund Chenavari, has announced a new transaction from its Aurorus consumer ABS shelf, with arrangers ABN Amro and Deutsche Bank helping to place the deal.

The proceeds will be used to redeem the outstanding Aurorus 2017 deal, which has its first optional redemption date (FORD) on August 1.

The granular pool is made up of Dutch consumer loans, with 59.333 loans totalling an outstanding balance of €357m. The pool is a mix ...

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