No quick comeback for Créd Ag as it retains Ginkgo deal

credit agricole
By Tom Porter
28 Jan 2015

Crédit Agricole Consumer Finance has got French ABS supply off to a familiar start in 2015 after deciding to retain all €750m of notes in its latest consumer loan-backed transaction, Ginkgo Personal Loans 2015-1.

Of the €27bn of ABS distributed to investors by European issuers in 2014, French asset-backed trades contributes just €2.5bn, according to data from JP Morgan.

Crédit Agricole Consumer Finance priced its last Ginkgo consumer receivables securitization, its fourth in as many years, in October, amid a welcome and ...

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