GMAC Bank readies E-Carat auto ABS
GMAC Bank GmbH is preparing to hit the road with a new issue of German auto loan asset backed securities, E-Carat Compartment 5, with Deutsche Bank, JP Morgan and Lloyds Bank mandated as joint lead managers.
The roadshow will kick off with meetings in London next Monday and Tuesday, followed by meetings in Paris on February 20, rounding off with Dutch and German investors on Thursday February 21.
The size of the fixed rate issue has yet to be determined, and a banker familiar
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