Updated: Dongfeng Nissan pays up for auto ABS

Rebecca Feng

June 05, 2019 09:30 AM

Nissan 150 x 230 — One of the last Nissan Micra models rolls off the production line at Nissan's plant in Sunderland as production stops after 18 years. | Rod Minchin/PA Archive/PA Images

Dongfeng Nissan sold its 13th Chinese auto loan ABS, a Rmb4.3bn ($621m) three-tranche note, on June 13. Both senior tranches were priced 25bp higher than the issuer's previous deal.

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Topics

CITIC Securities China Asia Greater China Haitong Securities China Bonds Bank of China Northeast Asia China Asia Pacific Agricultural Bank of China Sumitomo Mitsui Financial Group Mizuho Morgan Stanley Securitization ABS Emerging Markets China Securitization

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Rebecca Feng