SAIC-GMAC fast-tracks 2021 auto ABS issuance

Addison Gong

February 02, 2021 08:45 am

car key contract_575px_adobe_23Jul20 — dealer salesman giving car key to new owner. client signing insurance document or rental car lease form | 88studio - stock.adobe.com

SAIC-GMAC Automotive Finance Co has wasted no time in making its second appearance in China’s onshore auto loan ABS market this year, selling a Rmb10bn ($1.55bn) Rongteng 2021-2 transaction on Monday.

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Topics

CITIC Securities China ICBC Asia Greater China Mizuho China Bonds Bank of China Northeast Asia China Asia Pacific Securitization China Securitization Emerging Markets

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Addison Gong

SSA editor GlobalCapital