GMAC Upsizes Latest Deal Amid Strong Demand

14 May 2008

GMAC’s recent securitization of retail auto loans, Capital Auto Receivables Asset Trust 2008-2, was increased on its way to market on the back of heavy investor demand.

-- Leo Shvartsman

GMAC’s recent securitization of retail auto loans, Capital Auto Receivables Asset Trust 2008-2, was increased on its way to market on the back of heavy investor demand. Initially sized at $1.3 billion, the deal grew to about $1.58 billion, according to one syndicate official. Bank of ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial