UNITED STATES

摘要

Bbva compass on Monday postponed its inaugural securitisation of prime auto loans until next year, amid market turmoil that has made it difficult for the first-time issuer to tap the ABS market. Lead banks Credit Suisse, Barclays and JP Morgan whispered price talk on the US$494m trade more than a week ago, but were unable to gain sufficient support from investors at attractive enough levels to warrant going through with the trade at this time, a banker on the deal said. The deal, called bcartzois-a, consisted of seven tranches and was announced on October 13. "We were debating whether to postpone the trade until later in the year or to move it to 2016," the banker said. "But it seems to make sense to try to get the right level in 2016."