Window closing for euro ABS primary

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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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