Toyota opens gate for new China auto ABS issuance

Rebecca Feng

January 08, 2020 07:30 am

Toyota_car_ABS_PA_230x150_08Jan20 — 304 De Villiers Giniel zaf, Haro Bravo Alex esp, Toyota Hilux, Toyota Gazoo Racing, Auto, Car, action MOTORSPORT : Dakar 2020 - Al Wajh a Neom - 06/01/2020 DPPI/Panoramic. | Eric Vargiolu via www.imago-images.de/Imago/PA Images

Toyota Motor Finance (China), a Beijing-based wholly-owned subsidiary of Toyota Motor Corp, returned to the Mainland's auto loan ABS market on Tuesday after a two year break. The Rmb4.5bn ($648m) deal was tightly priced.

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Topics

CITIC Securities China Asia Greater China China Bonds Northeast Asia China Asia Pacific Agricultural Bank of China Securitization ABS China Securitization Emerging Markets

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Rebecca Feng