Mercedes announces first French Silver Arrow auto ABS

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By Tom Brown
19 Oct 2020

Mercedes-Benz has mandated banks led by sole arranger Société Générale for a new Silver Arrow auto ABS, the first in the shelf collateralised by French loans.

Citigroup, UnCredit and SEB have joined Société Générale as joint lead managers for Silver Arrow France 2020-1. It is the twelfth deal in the series.

Only one tranche is on offer, a short dated 0.89-year triple-A tranche with a 70bp coupon. The deal is backed by a €689.7m ...

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