Hyundai lease deal opens US consumer ABS market

hyundai korea seoul px230
By Max Adams
05 Jan 2017

Hyundai is in the market with a $931.49m auto lease securitization, kicking things off for the primary consumer ABS market in 2017.

HALST 2017-A is backed by 45,687 leases on Hyundai and Kia cars, trucks, sports utility vehicles and vans. The weighted average FICO score of customers in the lease pool is 744 and the leases have an average remaining term of 30.85 months, according to a presale report from ...

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