Market left guessing on demand for BlackRock and Prosper ABS
Asset management giant BlackRock priced the first ever rated securitization of consumer loans acquired from a peer-to-peer lending platform on Wednesday. The hotly anticipated deal has created some serious buzz, but the issuer and lead managers Citi and Credit Suisse were tight-lipped on how much demand they found for the notes.
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