GAC-Sofinco prepares for auto ABS return

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GAC-Sofinco prepares for auto ABS return

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Alexander Filon/Oleksandr - stock.adobe.com

GAC-Sofinco Automobile Finance Co is readying a Rmb4bn ($589m) return to the auto loan asset-backed securities market, opting for the same structure as its last thinly priced deal.

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