GAC-Sofinco joins China auto ABS party

GAC-Sofinco Auto Finance, a joint venture between Crédit Agricole Consumer Finance and Guangzhou Automobile Corp, will hit the Chinese auto ABS market with a Rmb6bn ($854m) four-tranche transaction next Thursday, marking its largest deal so far.
Already a subscriber? Login
Further Reading
-
Bonds
ADB readies long-awaited Panda return
-
Bonds
QNB taps CNH liquidity for Rmb1.5bn bond
-
Regulation & Policy
China policy and markets round-up: Beijing sanctions former Trump officials, PBoC tightens grip on non-bank payment market, profit growth slows at central SOEs
-
People & Markets
JPM names CEO for China securities JV