BMW takes the lead in South Africa's ABS race with bullet MTN offer, through Rand Merchant

20 Jan 2006

BMW Financial Services looks set to bring South Africa's first securitisation of the year to the market. Lead managed by Rand Merchant Bank, Auto Series Investments will parcel R1.4bn ($232m) of auto loans and leases across seven tranches of triple-A rated notes.

The transaction, which specifically targets money market ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial