French Lender Floats SME ABS

13 Jan 2012

Credit du Nord, the French retail subsidiary of Société Générale, has originated a EUR1.4 billion ($1.77 billion) consumer loan securitization.

Credit du Nord, the French retail subsidiary of Société Générale, has originated a EUR1.4 billion ($1.77 billion) consumer loan securitization. The deal, known as FCT BS CDN ENT, is underpinned by a pool of loans made to individuals and small-to-medium real estate firms across France.

The capital ...

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