Orders flood in for SC Germany despite sub-100bp price

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Orders flood in for SC Germany despite sub-100bp price

Leads on Santander Consumer Bank Germany’s new auto ABS said the book on the €573m deal was oversubscribed at guidance of 95bp, despite some market participants arguing that a spread of more than 100bp was appropriate given the market conditions.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • European securitization issuance database
  • Daily newsletters across markets and asset classes
  • 1 weekly securitization podcast
Gift this article