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◆ No attrition on insurance arm's €500m no-grow 2036 deal ◆ Ample demand from buy-and-hold accounts ◆ 'So much cash available' despite US-Iran peace deal failure
Funding Circle also placed the mezz notes for its SME loan transaction
Santander adds to euro pipeline with German consumer ABS
Funding across all parts of the capital structure is available with issuers likely to prioritise unsecured borrowing
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Sponsor Citi acquired the loans from Abound through a forward flow agreement
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US banks were the biggest issuers of unsecured debt in euros, paying a premium for jumbo multi-tranche trades
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Pepper announced its second lien RMBS, NewDay announced its credit card ABS
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Net impact on net earnings expected to be less than $20m
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Santander is marketing an Italian auto and consumer loan ABS from its Golden Bar shelf
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Bank issuance expected to resume next week in euros after corporates, dollar market lead