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ABCP wrap: New SIV nears market, Nissan closes large conduit deal

Ceres Capital's long-awaited structured investment vehicle (SIV) should launch sometime this fall at a notional value of about $1 billion, according to industry sources.

Granite Funding, the ABCP administered by Ceres and Bankers Trust, is in the process of being wound into the SIV. While the pipeline for new...

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