Mercedes seals revolver at tight spread

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Mercedes seals revolver at tight spread

Addison Gong
March 24, 2021 08:00 AM
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BERLIN, GERMANY - MAY 19, 2019: Classic Mercedes Logo And Star On A Mercedes Vintage Car Against A Cloudy Sky | cbies - stock.adobe.com

Mercedes-Benz Auto Finance has priced the senior tranche of its Rmb8.337bn ($1.28bn) auto loan ABS deal in China at an aggressive spread over the onshore benchmark and comparable trades.

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CITIC SecuritiesChinaICBCAsiaGreater ChinaChina BondsNortheast AsiaChinaMUFGAsia PacificSecuritizationChina SecuritizationEmerging Markets
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Addison Gong
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