BarCap Structures Credit Card ABS, Targets U.S. Buy-side

27 May 2010

Barclays Capital is structuring an asset-backed securitization of U.K. credit card receivables from its Gracechurch Programme Funding vehicle.

-- Daniel O’Leary

Barclays Capital is structuring an asset-backed securitization of U.K. credit card receivables from its Gracechurch Programme Funding vehicle. It is understood the deal will be sold to third-party buyers, with BarCap syndication officials in the U.S. this week targeting investors there. The deal’s structure features an ...

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