ABCDIN sells consumer-loan securitization

ABCDIN sells consumer-loan securitization

Structured Finance

Chilean retailer ABCDIN sold a CLP26.1bn ($46m) consumer-loan ABS in the local bond market on Thursday, after drawing about CLP34bn in demand. The 6.5-year senior tranche was priced with a coupon of 7% to yield 7.5%, or 240bp over government bonds. I

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