Issuer prices rare subprime credit card ABS
A rare subprime credit card ABS was priced this week, though sources say similar deals are unlikely to materialize in significant volume as online lenders court subprime borrowers and issuers faced increased costs of setting up credit card programs.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast