WiZink retains Portuguese credit card ABS

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By Tom Brown
30 Jul 2020

WiZink Bank, which acquired Barclaycard's Portuguese operation, has retained a €505m credit card ABS deal.

The class ‘A’ notes were priced with a coupon of 0.8% and given a rating of "A (high)" by DBRS. The class ‘B’ notes offered a coupon of 1.5%, the ‘C’ notes 2%, and the unrated ‘SICF’ notes and ‘S’ notes 2.5%

Credit card agreements originated and ...

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