Following a year-long spree of portfolio acquisitions, Associates First Capital, better known for its mortgage-related product, will hit the public market this year with a debut credit card-backed securitization, said Scott McCarthy, senior vice president in capital markets at Associates.
"We would look to become a regular issuer," McCarthy said. "It's a market that has a lot of liquidity, and we haven't really finalized an issuance pattern yet. We're working on that. We still have plenty of time."