Ford returns to China with tighter, bigger auto ABS

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Ford returns to China with tighter, bigger auto ABS

Rebecca Feng
July 24, 2019 09:45 am
german auto ABS ford 230x
German Chancellor Angela Merkel gets out of a S-Max Concept of car manufacturer Ford at the International Motor Show (IAA) in Frankfurt Main, Germany, 12 September 2013. Almost 1100 exhibitors from around the world present novelties at the world's largest automobile show IAA until 22 September 2013. Photo:UWE ANSPACH | Uwe Anspach/DPA/Press Association Images

Ford Automotive Finance sold a Rmb4.776bn ($694m) four-tranche auto loan ABS on Tuesday, its biggest ABS so far, pricing the three senior tranches at tight levels.

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Topics

China Merchants Securities CoChinaICBCAsiaGreater ChinaChina BondsNortheast AsiaChinaAsia PacificSecuritizationABSEmerging MarketsChina SecuritizationHSBC
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