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CREDIT SUPPLY: RCI Banque (RENAUL Baa1/BBB-/NR): New Issue FV

CREDIT SUPPLY
  • IPT: RCI Banque EUR Benchmark 6Y MS+190 Area.
  • We see FV at MS+150a.
  • This will be an interesting test of true demand for auto risk at repriced levels, which have come in from the wides slightly.
  • Secondary is up to 2 wider so far.
     

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  • IPT: RCI Banque EUR Benchmark 6Y MS+190 Area.
  • We see FV at MS+150a.
  • This will be an interesting test of true demand for auto risk at repriced levels, which have come in from the wides slightly.
  • Secondary is up to 2 wider so far.