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Timeshare lender wraps up first ABS in tough environment

Last week, timeshare developer Bluegreen Corp. completed pricing its first-ever term ABS in the Rule 144A market, clearing the scandal-laden for infrequent issuers in off-the-run asset classes. ING Financial Markets LLC led the offering, its own first term ABS in the sector since hiring timeshare guru Andrew Yuder last...

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