AA Gets £1.3bn WBS Away Amid Headwinds

28 Jun 2013

The U.K.’s largest car breakdown assistance company, the Automobile Association, overcame turbulent market conditions this week to price the first investment grade and high yield bonds from a new whole business securitization platform.

The U.K.’s largest car breakdown assistance company, the Automobile Association, overcame turbulent market conditions this week to price the first investment grade and high yield bonds from a new whole business securitization platform.

It was one of only a very small number of WBS transactions ever done ...

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