Window closing for euro ABS primary

By Tom Brown
22 Oct 2020

Most euro ABS issuers are holding off on new deals until the results of upcoming US presidential election, according to sources, with about only a one month window of opportunity in November between the election and intensifying Brexit headline risk.

“It sounds like the surge we had [in the past few weeks] was issuers trying to get out before the US election, hopefully that will be resolved on the date or very close to the date. Then I think the market could reopen,” said an investor. “Depending on ...

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