Thai consumer finance company AEON Thana Sinsap, a subsidiary of Japan's AEON Credit Service, is plotting a third raid on the ABS market at the end of this month. Citigroup Global Markets will arrange the THB2.3 billion ($57.4 million) credit card deal, reprising the role the bank filled for AEON's THB2 billion securitization of the same assets in February 2005 (ASR, 2/21/05).

Roadshows will shortly take place in Bangkok for the latest four-tranche offering, with pricing due around the Jan 27. AEON officials said proceeds will be used for working capital requirements and new loan origination.

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