Debut Finnish issuer enters auto ABS market

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Debut Finnish issuer enters auto ABS market

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2AMB67F Highway bridge over lake in Savonlinna, Finland | Alamy Stock Photo

Debut Finnish issuer LocalTapiola Finance has mandated BNP Paribas for its first auto ABS transaction, bringing a single offered tranche with a pre-set 70bp coupon over one-month Euribor on offer.

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