Q&A: Andrew Kang, director of capital markets at Santander Consumer USA

21 Dec 2012

The subprime auto asset-backed securities sector accounted for $18 billion of a total $45 billion in auto ABS this year, or 10.7% of this year’s total ABS issuance, according to research from JPMorgan and Wells Fargo. Santander Consumer USA kicked in about $8.2 billion--nearly half of the subprime sector’s total volume. Andrew Kang, director of capital markets at Santander, spoke with SI senior reporter Marissa Capodanno about what he sees for 2013.

The subprime auto asset-backed securities sector accounted for $18 billion of a total $45 billion in auto ABS this year, or 10.7% of this year’s total ABS issuance, according to research from JPMorgan and Wells Fargo. Santander Consumer USA kicked in about $8.2 billion--nearly half of the subprime ...

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