Citi and Deutsche rev up Irish auto ABS as US election kicks off

By Tom Brown
03 Nov 2020

First Citizen Finance is the only issuer out in the European ABS market this week, marketing an Irish auto ABS deal on the day of the US election, aiming to price between the high 70bp-80bp.

Citi and Deutsche Bank are looking to land the deal during the week of the US election, with the arrangers waiting for clarity on market sentiment before pricing.

The issuer has been marketing the deal for a week, announcing with the foreknowledge that it would have to ...

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