Updated: Geely-BNPP JV to debut in China securitization

Schuldschein car rear light from Adobe 230x150
By Noah Sin
08 Aug 2018

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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