Toyota gets tight pricing on auto ABS return

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Toyota gets tight pricing on auto ABS return

Rebecca Feng
May 27, 2020 07:00 AM
Toyota_logo_PA_575X375_27May20
A Toyota logo is seen at a car dealership in San Jose, California, United States on Tuesday, November 19, 2019. Toyota has supported President Donald Trump's plan to bar California from setting its own vehicle emissions rules. California governor Gavin Newsom said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler. (Photo by Yichuan Cao/NurPhoto) | Yichuan Cao/NurPhoto/PA Images

Toyota Motor Finance (China) sealed a Rmb4.5bn ($629m) dual-tranche auto securitization deal on Wednesday. Its return to the onshore market was the latest in a series of tightly priced auto ABS outings.

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Topics

CITIC SecuritiesChinaSumitomo Mitsui Financial GroupICBCAsiaGreater ChinaChina BondsNortheast AsiaChinaAsia PacificSecuritizationABSChina SecuritizationEmerging Markets
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Rebecca Feng
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