BMW slashes revolving period for new China ABS outing

BMW_AdobeStock_575x375_11May2020
By Rebecca Feng
30 Jun 2020

BMW Automotive Finance, a frequent issuer in China’s onshore auto ABS market, is gearing up for its second securitization deal of the year. This time around, the German automaker has shortened the usual one year revolving portion to just a month.

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