Mercedes-Benz goes tight with debut China auto ABS

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Mercedes-Benz goes tight with debut China auto ABS

Rev Hui
March 23, 2016 12:00 PM
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A Mercedes-Benz hood ornament. Daimler is said to favor Poland over Slovakia and Russia for the construction of a new car plant. Hungary has also been named as a potential candidate. Polish officials so far have given no leads on the upcoming project which could bring a thousand jobs to the country. | NurPhoto/SIPA USA/PA Images

Mercedes-Benz Auto Finance has become the latest international name to make its debut in the China auto ABS market, executing a tightly priced Rmb2.5bn ($385m) trade on Tuesday.

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AsiaSecuritizationABSChinaEmerging MarketsHSBC
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