Consumer credit provider Samsung Card and Standard Chartered First Bank - the South Korean arm of Standard Chartered - are likely to tap the cross-border ABS market in the first quarter, sources said.

Samsung is rumored to have hired Royal Bank of Scotland for its deal. Though RBS declined to comment on the size or timing, the underlying assets are almost certain to be auto loans. RBS last July furnished Samsung with a $300 million warehousing facility of those assets.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.