ABS issuers to test banker nerves on primary market as Créd Ag mandates

By Tom Porter
22 Sep 2014

Crédit Agricole has decided to roadshow its latest consumer ABS right up until two days before more details are due on European Central Bank ABS purchases. At least four more trades may be announced before the end of September, testing bankers’ nerves over a relatively dry spell in the primary market until uncertainty lifts.

Crédit Agricole Consumer Finance has hired the group’s investment bank as sole arranger, lead manager and bookrunner for the fourth transaction from its Ginkgo platform in as many years.

Credit Agricole will finish roadshowing the deal on September 30, just two days before the ECB’s next monetary ...

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