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SAIC-GMAC opts for two-tranche structure in new ABS

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By Addison Gong
12 May 2021

SAIC-GMAC Automotive Finance Co priced a Rmb10bn ($1.56bn) auto loan ABS transaction this week, its third outing in China in 2021, switching to a simple structure comprising a senior and a subordinated tranche.

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By Addison Gong
12 May 2021