Sterling paper dominated European securitization issuance last week as issuers rushed ahead of further Brexit developments, with a particular focus on the auto ABS market, which saw three deals clear the pipeline. London based fintech ’s Oodle Car Finance made its debut in the asset - backed securities market , issuing in 2019 - 1 senior notes backed primarily by used car loans . The deal was backed by Citigroup and priced at 130bp over SONIA .
London based fintech ’s Oodle Car Finance made its debut in the asset - backed securities market , issuing in 2019 - 1 senior notes backed primarily by used car loans . The deal was backed by Citigroup and priced at 130bp over SONIA .