Foreign banks throw weight behind Toyota’s Rmb4.5bn auto ABS
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Foreign banks throw weight behind Toyota’s Rmb4.5bn auto ABS

Auto_ABS_AdobeStock_575x375_03March20

Toyota Motor Finance (China) Co is set to price a Rmb4.5bn ($633m) auto loan ABS next week, bringing to the market only its second deal in two and a half years. The 11-member underwriting group has eight foreign banks.

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