ABS primary pipeline gushes as fall kicks off

BMW
By Jennifer Kang
09 Sep 2019

Deal flow is picking up in the second week of September with at least $8.74bn being marketed to investors, including auto ABS offerings from seven repeat issuers across the credit spectrum.

On Monday, prime auto lender BMW and subprime issuer Skopos released guidance for their respective deals. Both companies are making a return to the US securitization market after a nearly two year hiatus. Other auto issuers on lining up include Daimler AG, Ally, Capital One, General Motors and ...

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