BMW pushes revolving period in auto ABS return

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BMW pushes revolving period in auto ABS return

BMW_AdobeStock_575x375_11May2020
Alanovsky - stock.adobe.com

BMW Automotive Finance (China) Co has priced the senior tranche of its Rmb8bn ($1.24bn) Bavarian Sky China 2021-1 auto loan ABS, a deal with the longest revolving period seen in recent years in the onshore market.

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