Discover Prices $1.65 Bln Card ABS

02 Aug 2012

Discover Financial Services has printed two side-by-side credit card receivables securitization deals, Discover Card Execution Note Trust series 2012-5 and 2012-6, which investors told SI was largely placed via inverse inquiry.

Discover Financial Services has printed two side-by-side credit card receivables securitization deals, Discover Card Execution Note Trust series 2012-5 and 2012-6, which investors told SI was largely placed via inverse inquiry. The pair of deals marks the fourth time this year that Discover has turned to the ABS ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options