Mercedes-Benz uses rare revolver for auto ABS

Mercedez_Benz_PA_230X150_20Mar20
By Rebecca Feng
20 Mar 2020

Mercedes-Benz Auto Finance broke an almost year-long break from the China auto ABS market this week with a Rmb6.316bn ($892m) deal. The company added a three month revolving period to its transaction, a rarity for issuers.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial