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GC Asia
Car issuers close in on record month of MTNs
Carmakers used debuts in new currencies to help them near a record month for medium term note issuance — even though May is only half gone.
Auto issuers have sold $2.7bn of MTNs in May so far, just short of their $3bn record in May last year, according to Dealogic. Many of them have printed in currencies for the first time or after a hiatus.
"The autos clear reasonably quickly once they open their funding ...Already a subscriber? Login
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