Updated: Geely-BNPP JV to debut in China securitization

Noah Sin

August 08, 2018 08:30 AM

Schuldschein car rear light from Adobe 230x150 — Black car on the highway | Olaru Radian - stock.adobe.com

A Shanghai-based joint venture between carmaker Geely and BNP Paribas is to enter the Chinese auto loans securitization market for the first time next week. The company will test demand with a Rmb1.94bn ($284m) deal, selling just one tranche to investors in the interbank bond market.

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Topics

China Merchants Securities Co China Asia Greater China Standard Chartered China Bonds Northeast Asia Shanghai Pudong Development Bank BNP Paribas China Asia Pacific Securitization ABS Emerging Markets China Securitization

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Noah Sin