BMW reaches new tights, UK and French deals to follow soon
BMW Bank’s latest securitisation of German auto loans, Bavarian Sky, found plenty of investor interest this week, allowing the ‘A’ tranche to become the tightest auto ABS print since the 2008 crisis. And there is more to come, with Banque PSA preparing a French-backed auto ABS and Santander Consumer UK a dual-currency motor deal backed by UK auto loans.
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