Thai consumer finance company Siam Industrial Credit Co.'s THB4 billion ($100.4 million) auto-loan ABS, arranged by Standard Chartered, has been delayed and is now expected to close next week. The deal, Thailand's biggest domestic securitization to date, was initially scheduled to close May 12, but some investors need more time to get board level approval, according to sources close to the deal.

Elsewhere, activity in Taiwan is finally heating up, with a number of CDOs in the works. Local firm Capital Securities is self-arranging a NT$5 billion ($161.1 million) CBO backed by its own assets, while ABN AMRO is handling a NT$10 billion issue for E-Sun Bank, backed by a pool of structured bonds.

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