Investors Show Interest Renault ABS

05 Jul 2010

Investor feedback for Europe’s latest public auto asset-backed deal--the Renault sponsored €873 million ($1.09 billion) Cars Alliance Auto Loans Germany 2010-1–has been positive, according to syndicate officials.

-- Daniel O’Leary

Investor feedback for Europe’s latest public auto asset-backed deal--the Renault sponsored €873 million ($1.09 billion) Cars Alliance Auto Loans Germany 2010-1–has been positive, according to syndicate officials. The deal, announced late last month (TSCI, 24/06/10), should close sometime this week. Price guidance is expected tomorrow.

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