Refinancing

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  • 31st October: Standard & Poor’s reaffirm BPF’s rating: BB+/Negative/B
  • 31st October: Issue of Senior and Mezzanine ABS bonds, secured by French automobile credit for € 522 million and € 51.5 million respectively.

This is the first issue on the AUTO ABS market secured by French credit for Long Term Hire without Option to Buy for business use