Santander sells Silk Finance auto ABS deal

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Santander sells Silk Finance auto ABS deal

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Santander Bank logo is seen on the building in Krakow, Poland on November 16, 2019. (Photo by Jakub Porzycki/NurPhoto) | Jakub Porzycki/NurPhoto/PA Images

Santander Consumer Bank has priced a fully pre-placed Portuguese auto ABS transaction from its Silk Finance programme, with the new deal becoming the first in the shelf to see the notes ‘A’ through E’ sold, in spite of the continuing pandemic crisis.

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