BMW sails through market volatility, seals second ABS

Rebecca Feng

July 08, 2020 09:00 am

BMW_AdobeStock_575x375_13May20 — Bucharest, Romania - July 4, 2013: Illustrative editorial detail of the tachometer of a BMW M3 car. The BMW M3 is a high-performance version of the BMW 3-Series, developed by BMW's motorsport division, BMW M. | bizoo_n - stock.adobe.com

BMW Automotive Finance bagged Rmb8bn ($1.14bn) from a three tranche auto loan ABS transaction on Tuesday. The deal was priced tightly despite difficult market conditions in China.

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Topics

China Merchants Securities Co China EMEA Asia Greater China China Bonds Bank of China Northeast Asia China Asia Pacific Europe Citi Standard Chartered Germany Securitization ABS China Securitization Emerging Markets

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Rebecca Feng