SG’s Red & Black deal nears as European investors prep for equipment ABS return
Société Générale is set to sell Red & Black TME Germany next week, after winning an enthusiastic response on its roadshow. The securitisation offers rare exposure to equipment loans, the first public issue of its kind in Europe since the crisis.
The borrower met investors in London on Thursday, after stops in Germany, Paris and the Netherlands earlier in the week. It finishes the roadshow with more London meetings on Friday.The deal is set for execution next week to give investors time to do credit work on a ...
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