SAIC-GMAC set for Rmb4bn auto ABS return

Rev Hui

March 01, 2017 07:30 am

renminbi_money_230px — Yuan Geldscheine von Chinas Währung. Chinesische Geldscheine. | Wodicka/Gina Sanders - Fotolia

SAIC-GMAC Automotive Finance is set to make its first auto ABS appearance this year with a Rmb4bn ($582m) Rongteng 2017-1 Retail Mortgage Loan Securitization — the first time it is securitising a subsidised portfolio.

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Topics

China Merchants Securities Co China Merchants Bank Co China Asia Greater China Standard Chartered Northeast Asia Asia Pacific Securitization ABS Emerging Markets DBS

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Rev Hui