Scotiabank offers up cross-border auto ABS

Canda
By Sasha Padbidri
23 Apr 2018

Scotiabank is in the US securitization market this week with a prime auto ABS offering.

Scotiabank filed deal documents with the Securities and Exchange Commission last week for the upcoming deal, under its Securitized Term Auto Receivables Trust (START) shelf.

Scotiabank, Barclays and Wells Fargo are leading the $500m offering, which is expected to price on Wednesday.

S&P Global Ratings and Moody’s ...

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