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S&P had also downgraded same deal last year after making a different mistake
Lender is expected to land somewhere between recent trades from BMW and and RCI
Plata, Paratus and Pepper look to price UK deals as pipeline builds for May
More articles
More articles
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Hercules guaranteed deal clears out almost all NPLs after merger with Pancreta Bank
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Deal joins LocalTapiola's Finnish auto in euro ABS pipeline for next week
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Latest Sequoia deal set to net strong pricing after Finance Ireland impresses
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German lender plans to become regular issuer, having been offering mortgages in the Netherlands since 2022
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Finnish originator, has continued the drive for prime Euro auto ABS, following the three deals that priced in January
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Trio of sterling issuers receiving good traction after IPTs, with pricing on all three expected on Wednesday
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Undersupply drives ABS tighter, while US investors spy relative value in euro CLOs
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Both deals comfortably covered as bankers report strong market conditions
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Specialist lender has refreshed warehouses by splitting first and second lien mortgages into separate facilities