CIFD, first private STS issuer, mandates BNPP and Credit Agricole for debut public RMBS

Crédit Immobilier de France Developpement has mandated BNP Paribas and Crédit Agricole for its public market securitization debut. The issuer was the first to qualify for the ‘simple, transparent and standardised’ (STS) standard with a private placement earlier this year.