BMW announces eighth auto loan ABS

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BMW announces eighth auto loan ABS

PA-BMW
A flag featuring the corporate logo of BMW flying during the general meeting of the German car manufacturer in the Olympic Hall at the Olympic Park in Munich, Germany, 11 May 2017. Photo: Alexander Heinl/dpa | Alexander Heinl/DPA/PA Images

BMW Bank announced its eighth securitization of German auto loans on Tuesday, backed by an €800m static portfolio and co-led by bookrunners Commerzbank and Skandinaviska Enskilda Banken.

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