Toyota races to sell first China auto ABS in Year of the Ox

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By Addison Gong
24 Feb 2021

Toyota Motor Finance (China) Co plans to launch its first auto loan securitization deal of 2021 under the Toyota Glory series next week. The originator will open the onshore auto ABS market after the Lunar New Year break with a Rmb5bn ($774m) transaction — its largest to date.

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