Geely drives home third auto loan ABS of the year

auto ABS 230x
By Rebecca Feng
23 Oct 2019

Genius Auto Finance has taken home Rmb4bn ($565m) from its third auto loan ABS of the year, scrapping the mezzanine tranche and boosting the size of the subordinated portion. The issuer achieved slightly tighter yields on both senior tranches compared to its previous trade.

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