Dongfeng Nissan joins auto ABS party with chunky outing

Dongfeng Nissan Auto Finance, a joint venture between Japanese carmaker Nissan Motor and Chinese automaker Dongfeng Motor, will return to the Chinese auto loan ABS market on November 5 for its third deal of the year. The Rmb6.5bn ($920m) four-tranche note will be the issuer’s largest outing to date.