All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
SSA

Banks carry on conduit lending despite coronavirus crunch

Faurecia_6Apr20_PA_575x375

According to data from the European Securities and Markets Authority, new trade receivables securitizations are still being regularly financed by banks through their asset-backed commercial paper (ABCP) conduits, with market participants saying that lenders remain open for business — for existing clients only.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree