BMW scores tightly priced auto ABS, drives through virus outbreak

BMW car from corp media gallery 8Jan20 230x150
By Rebecca Feng
21 Feb 2020

BMW Automotive Finance’s Rmb8bn ($1.14bn) dual-tranche return to the Chinese auto ABS market this week was a success. The tight pricing is expected to allow other issuers to also lower their coupons, said bankers on the deal.

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