BMW prepares first auto loan ABS of 2020

Rebecca Feng

February 14, 2020 05:00 AM

BMW_China_ABS_PA_230x150_14Feb20 — --FILE--View of the BME experience center in Shanghai, China, 1 August 2019. BMW further increased its sales in July "primarily thanks to new SUV models", the Munich carmaker announced on Tuesday (13 August 2019). (Photo by Li fuhua - Imaginechina/Sipa USA) | Imaginechina/SIPA USA/PA Images

BMW Automotive Finance is readying a Rmb8bn ($1.15bn) dual-tranche auto loan ABS transaction. The deal, to be sold on February 20, will be the first auto ABS outing in the Chinese market since the Lunar New Year.

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CITIC Securities China ICBC Asia Greater China China Bonds Morgan Stanley Northeast Asia BNP Paribas China Asia Pacific Securitization ABS China Securitization Emerging Markets

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Rebecca Feng